Identify the factor which generally keeps the price-elasticity of demand for a good high.

When demand for a factory's products is high, more money is spent at the factory for safety precautions and machinery maintenance than demand is low. Thus the average number of on-the-job accidents per employee each month should be bower during periods when demand is high than when demand is low and less money is available for safety precautions and machinery maintenance. Which of the following,if true about a factory when demand for its product is high casts the most serious doubt on the conclusion drawn above?

A

Its employees ask for higher wages than they do at other times.

B

Its management hires new workers but lacks the time to train them properly.

C

Its employees are less likely to lose their jobs than they are at other times.

D

Its management sponsors a monthly safety award for each division in the factory.

when demand for factory's products is high . more money is spent at the factory for safety precautions and machinery maintenance than when demand is low. thus the average number of on -the-job accidents per employee each month should be lower during perids when demand is high than when demand is low and less money is available for safety precautions and machinery maintenance .when demand for its products is high, casts the most serious doubt on the conclusion drawn above?

A

Employees demand for higher wages than they do at other times.

B

Authority hires new workers but lacks the time to rain them properly.

C

Employees are less likely to lose their jobs than are at other times.

D

Authority sponsors a monthly safety award for each division in the factory.

The correct relation between theoretical oxygen demand (TOD), Biochemical oxygen demand (BOD) and Chemical oxygen demand (COD) is given by

A

TOD > BOD > COD

B

TOD > COD > BOD

C

BOD > COD > TOD

D

COD > BOD > TOD

Point out which part is grammatically incorrect. 'Good people will make good laws ' 'but good' 'laws passed by a few' 'does not necessarily make' 'a good society' 'No error'

A

good people will make good laws

B

laws passed by a few

C

do not necessarily make

D

a good society

In recent survey of the student of a public university . It is found that 65% students are good in Mathematics and 45% students are good in Mathematics and 45% students are good in Statistics. How many students are good in both Mathematics and statistics of the public university?

A

20%

B

5%

C

15%

D

10%

Replace the quotation word with the appropriate word of phrase that best keeps the meaning of the original sentence. Home buyers are proceeding 'cautiously' because of the high interest rates.

A

hastile

B

occasionally

C

warily

D

knowingly

Select substitute word for the sentence Persistent high inflation combined with high unemployment and saturated demand in an economy

A

Recession

B

Depression

C

Stagflation

D

Stagnation

Persistent high inflation combined with high unemployment and saturated demand in an economy

A

Recession

B

Depression

C

Stagflation

D

Stagnation

Select substitute word of the sentence 'Persistent high inflation combined with high unemployment and saturated demand in an economy'?

A

Recession

B

Depression

C

Stagflation

D

Stagnation

If Q is load factor, S is shape factor and F is factor of safety in elastic design, the following:

A

Q = S + F

B

Q = S - F

C

Q = F - S

D

Q = S × F

Identify the factor which generally keeps the price-elasticity of demand for a good high.

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