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Q 1/40
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1.The word economics is mostly connected with the word ?
30
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Scarcity
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Q 2/40
Score 0
2. Which of the following is related to micro economics?
30
Inflation in the economy
Income from postal department
Unemployment
National Income
40 questions
Q.
1.The word economics is mostly connected with the word ?
1
30 sec
Q.
2. Which of the following is related to micro economics?
2
30 sec
Q.
3. In which situation PPC can be a straight line ?
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30 sec
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4. "Cardinality" means utility can be
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5. PPF is
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6. In case of single commodity, consumer equilibrium is achieved when:
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Q.
7. Total utility is __________ at the point of satiety.
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30 sec
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8. According to the law of DMU there must be _________ between consumption of one unit to another unit
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30 sec
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9. if marginal rate substitution is increasing through out, the indifference curve will be:
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10. Which of the following is an example of complimentary goods ?
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11. There will be ____________ in the demand of the cars due to increase in price of petrol.
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12 which of the following is not an example of substitute goods.
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13 Ceteris paribus means
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14 Expansion and contraction in demand are caused by
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15. What do you mean by demand of a commodity?
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16. For what type of good does demand fall with a rise in income levels of households?
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17 Movement along the same demand curve shows:
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18. Increase or Decrease in Supply means:
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19. When supply price increase in the short run, the profit of the producer _____:
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`20. A perfectly inelastic supply curve will be
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21. When change in the quantity supplied is proportionate to the change in the price, the producer is said to have______:
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22. When AP is maximum, MP is equal to :
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23 The law of ____________ deals with input-output relationship, when the output is increased by varying the quantity of one input
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24. At the point of inflextion:
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25. Which of the following is not a phase in the law of variable proportions
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26. _________ is the extension of " law of diminishing returns"
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27 Normal profits earned by a firm are included in
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28 When AC > MC , then MC can :
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29 The cost curve which is inversely s shaped is :
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30. Identify the correct mathematical expression :
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31. Minimum point of AC occurs to the right of minimum point of
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32. If a firm produces zero output in the short period, then:
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33 AFC curve is:
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34 With which of the following the concept of marginal cost is closely related
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35 What happens to TR when MR is positive ?
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36 if average revenue curve is a horizontal straight line then marginal revenue curve will be
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37. when total revenue is constant, what will be the effect on average revenue ?
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38 If TR= Total Reveue and Q = quantity sold, then TR/Q refers to
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39 In a free market economy, when consumers increase their purchase of a goods and the level of ________________exceeds _______________then prices tend to rise.
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40. A statement which does not offer any suggestion is known as ______________________________.
