61. Consider the following types of income.
1. Personal income
2. Private income
3. Disposable income
4. National income
The correct sequence in descending order of their magnitude is
1. Personal income
2. Private income
3. Disposable income
4. National income
The correct sequence in descending order of their magnitude is
62. Which one of the following is identical with multiplant monopolist?
63. If a straight line demand curve is tangent to a curvilinear demand curve, the elasticity of the two demand curves at the points of tangency is
64. A firm practising price discrimination will be
65. The supply function, would shoot downward and to the right if the MC of all the firms in a perfectly competitive industry were to
66. Match the items of List-I with the items of List-II and find the correct combination.
List-I (Market Structure)
List-II (Nature of industry where prevalent)
a. Perfect competition
1. Aluminium and passenger cars
b. Oligopoly
2. Public utilities like Telephones and Electricity
c. Monopoly
3. Manufacturing: T.V. Sets, Refrigerators
d. Monopolistic competition
4. Farm Products: Grains
| List-I (Market Structure) | List-II (Nature of industry where prevalent) |
| a. Perfect competition | 1. Aluminium and passenger cars |
| b. Oligopoly | 2. Public utilities like Telephones and Electricity |
| c. Monopoly | 3. Manufacturing: T.V. Sets, Refrigerators |
| d. Monopolistic competition | 4. Farm Products: Grains |
67. National income equilibrium is not at the level where
68. Indifference curve is downward sloping from left to right since more X and less Y gives
69. The concept of indifference curve analysis was given scientific touch by
70. The third degree price discrimination may be suitably practised between:
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