logo

CuriousTab

CuriousTab

Discussion


Home General Knowledge Indian Economy Comments

  • Question
  • Increasing marginal cost of production explains


  • Options
  • A. the income effect.
  • B. why the supply curve is upsloping.
  • C. why the demand curve is downsloping
  • D. the law of demand.

  • Correct Answer
  • why the supply curve is upsloping. 

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Indian Economy problems


    Search Results


    • 1. The real wage will rise if the nominal wage

    • Options
    • A. increases more rapidly than the general price level.
    • B. increases at the same rate as labor productivity.
    • C. falls more rapidly than the general price level.
    • D. falls at the same rate as the general price level.
    • Discuss
    • 2. Bilateral monopoly occurs where
    • Discuss
    • 3. Supply curves tend to be

    • Options
    • A. more elastic in the long run, because there is time for firms to enter or leave the industry.
    • B. less elastic in the long run, because there is time for firms to enter or leave an industry.
    • C. perfectly elastic in the long run, because consumer demand will have sufficient time to adjust fully to changes in supply. B.
    • D. None of the above
    • Discuss
    • 4. Sociologists define the concept of "race" as

    • Options
    • A. a socially constructed category composed of people who share biologically transmitted traits that members of a society consider important.
    • B. people who fall into any minority category.
    • C. a cultural heritage shared by a category of people.
    • D. a person's skin color.
    • Discuss
    • 5. How long is your TABC certification valid?

    • Options
    • A. 1 year
    • B. 2 years
    • C. 4 years
    • D. 6 months
    • Discuss
    • 6. Trade blocs help countries by

    • Options
    • A. competition
    • B. economic integration
    • C. Increase in trade
    • D. All of the above
    • Discuss
    • 7. Which of the following is classified as working capital?

    • Options
    • A. currents assets
    • B. current liabilities
    • C. Both A & B
    • D. current assets - current liabities
    • Discuss
    • 8. Poverty level in india is estimated on the basis of

    • Options
    • A. Household consumer expenditure
    • B. Slum population in the country
    • C. Per capita income in different States
    • D. Household average income
    • Discuss
    • 9. The demand curve shows the relationship between

    • Options
    • A. good price and the service
    • B. quantity demanded and the price of the good
    • C. quality and quantity of the good
    • D. quality and price of the good
    • Discuss
    • 10. Through specialization and international trade, a nation

    • Options
    • A. will attain some combination of goods lying inside its production possibilities curve
    • B. will shift its production possibilities curve towards left
    • C. can attain some combination of goods lying outside its production possibilities curve
    • D. will shift its production possibilities curve towards right
    • Discuss


    Comments

    There are no comments.

Enter a new Comment