Chapter 2 – Theory of Consumer Behaviour. Questions and Answers Find the odd one out Tea and Cofee, Bread and Jam, Car and Petrol, Sugar and Tea Answer : Tea and Coffee,others are complimentary goods. Salt, Matchboxes, Shirt, Pin Answer: Shirt, others are inferior goods. P 1 / P 2 Read more
Chapter 1 – Introduction to Micro Economics. Questions and answers Suppose there is a growth of resources in an economy. How does this affect the PPC? Answer When there is a growth of resources, then it will lead the PPC to move rightwards. This is shown in the above picture. Read more
Chapter 3 Production and Cost Multi choice questions A set of all the combinations of the two inputs that yield the same level of output is Isoquant . PPC . Isocost line . Indifference Curve . Answer: A. Isoquant AC (average cost) is the sum of AFC (average fixed cost) Read more
Plus One Economics – Chapter 2 ഇന്ത്യന് സമ്പദ്വ്യവസ്ഥ (1950 – 1990) Multi choice questions പ്ലാനിങ്ങ് കമീഷൻ സ്ഥാപിതമായത് ? ജനുവരി 1- 1950 മാര്ച്ച് 15- 1950 മാര്ച്ച് 1- 1950 എപ്രില് 1- 1950 Answer: B. മാര്ച്ച് 15- 1950 ഇന്ത്യന് പ്ലാനിങ്ങിന്റെ ശില്പി എന്നറിയപ്പെടുന്നതാര്? കെ. എന്. രാജ് പി സി. മഹാലനോബിസ് ആര്.സി. ദേശായി ദാദാഭായി നവറോജി Answer: Read more
Chapter 5 :- Market Equilibrium "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook
Chapter 4 – Theory of Firm Under Perfect Competition Chapter 4 Practice Exam Multi-choice Practice Exam Question 1) Firms under perfect competition are known as Answers Option 1 Price makers Option 2 Price receivers Option 3 Price removers Option 4 None of the above Feedback Wrong click Correct choice ! Incorrect Read more
Chapter 3 – Production and Cost Chapter 3 Multi-choice Practice Exam Question 1) A set of all the combinations of the two inputs that yield the same level of output is Hint We get same level of output Answers Option 1 Isoquant Option 2 PPC Option 3 Isocost line Option Read more
GK Exam 20 :- "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook
GK Exam 19 :- "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook
GK Exam 18 :- "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook