- A decrease in total revenue
- An increase in total revenue
- No change in total revenue
- A decrease in quantity demanded
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In a three-phase system, when the loads are perfectly balanced, the neutral current is?
Answer: Option 1 Let'
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“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the:?
Answer: Option 1 Let'
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Identify the coefficient of price-elasticity of demand when the percentage increase in the quantity of a commodity demanded is smaller than the percentage fall in its price?
Answer: Option 3 The coefficient of price-elasticity of demand is smaller than one when the percentage increase in the quantity of a commodity demanded is smaller than the percentage fall...
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When the perfectly competitive firm and industry are in long run equilibrium, then?
Answer: Option 4 When the perfectly competitive firm and industry are in long run equilibrium, then P = MR = SAC = LAC, D = MR = SMC =...
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When as a result of decrease in price of good, the total expenditure made on it decreases we say that price elasticity of demand is?
Answer: Option 1 When as a result of decrease in price of good, the total expenditure made on it decreases we say that price elasticity of demand is less than...
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Directions : Following question consists of a statement followed by three arguments I, II and III . You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should there be a complete ban on genetically modified imported seeds Arguments : I. Yes. This will boost the demand of domestically developed seeds. II. No. This is the only way to increase production substantially. III. Yes. Genetically modified products will adversely affect the health of those who consume these products.?
Answer: Option 2 Genetically modified imported seeds have been specially formulated to increase the yield and quality of produce. So, argument II is strong. Besides, increase in production holds much...
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Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer : I. India has surpassed the value of tea exports this year over all the earlier years due to an increase in demand for quality tea in the European market. II. There is an increase in demand of coffee in the domestic market during the last two years.?
Answer: Option 3 The two statements discuss two separate statistical and generalised results.
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Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer : I. The university officers have decided to conduct last examination every year in March/April in order to announce the result at proper time. II. In past the result was declared late by the University due to the lack of number of examiners.?
Answer: Option 2 Since in the past the result was declared late by university, it has decided to conduct the examination in March/April in order to announce the result at...
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It is up to our government and planners to devise ways and means for the mobilisation of about ten crore workers whose families total up about forty crore men, women and children. Our agriculture is over-manned. A lesser number of agriculturists would mean more purchasing or spending power to every agriculturist. This will result in the shortage of man-power for many commodities to be produced for which there will be a new demand from a prosperous agrarian class. This shortage will be removed by surplus man-power released from agriculture as suggested above. The passage best supports the statement that:?
Answer: Option 2 Indian economy is in a poor shape basically due to improper mobilisation of man-power.
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