Commerce · all questions

Economics
practice.

Practice every MCQ with options. Use Show answers when you want the correct option and solution.

1,593

Questions

45/80

Page

Pick an option on a question to see the right answer and solution.

Q881

Who propounded the population theory

Select an option to see the answer and solution.

Q882

Who was the author of 'Das capital' which gave birth to communism?

Select an option to see the answer and solution.

Q883

When the output increases in the same proportion as the increase in input it is

Select an option to see the answer and solution.

Q884

In the kinked demand model, the demand curve for the firm's products is drawn on the assumption that

Select an option to see the answer and solution.

Q885

A given economic state is Pareto-optimal if a policy-change can

Select an option to see the answer and solution.

Q886

Welfare oriented definition of economics has been given by

Select an option to see the answer and solution.

Q887

The monopoly involves as social cost mainly due to its emphasis on which one of the following?

Select an option to see the answer and solution.

Q888

A point on the slope of the indifference curve is called

Select an option to see the answer and solution.

Q889

Match the following.

List-I	List-II
a. Perfect competition	1. Different prices for the same product
b. Monopolistic competition	2. Dominant strategy
c. Oligopoly	3. Product differentiation
d. Discriminating monopoly	4. Identical product

Select an option to see the answer and solution.

Q890

We have asked Mac to rank his preference between three market basket - A, B and C. If Mac prefers B to C, but does not care if he gets A or B, then

Select an option to see the answer and solution.

Q891

With regard to socialist economy, which of the following statement is correct?
(1) The factors of production are privately owned
(2) Economy is not regulated by the government
Select the correct answer

Select an option to see the answer and solution.

Q892

The demand curve facing a perfectly competitive firm is

Select an option to see the answer and solution.

Q893

If the demand curve confronting an individual firm is perfectly elastic, then

Select an option to see the answer and solution.

Q894

If there were no changes in the quantity of food sold even when its price falls, we would know that

Select an option to see the answer and solution.

Q895

In price discrimination under discriminating monopoly, given that the elasticity of demand in market I is 5 and in market II is 2.5 measured in absolute terms, how are the prices in the two markets related to each other?

Select an option to see the answer and solution.

Q896

Can the demand curve move upwards from left to right?

Select an option to see the answer and solution.

Q897

Who has stated that "profit is legalized robbery"?

Select an option to see the answer and solution.

Q898

Ordinal utility analysis of the consumer's behaviour is considered superior to the cardinal utility analysis mainly due to

Select an option to see the answer and solution.

Q899

Which of the following does not influence the individual demand for a product?

Select an option to see the answer and solution.

Q900

Which element can be included in the total interest?

Select an option to see the answer and solution.

Prev 43 44 45 46 47 Next