Economics MCQ Questions and Solutions with Explanations | Commerce

A. railway company

B. electric supply company

C. FMCG company

D. mobile company

A. $$\left[ {1 - e} \right]$$

B. $$\left[ {e - \frac{1}{e}} \right]$$

C. $$\left[ {1 - \frac{1}{e}} \right]$$

D. $$\left[ {\frac{1}{e} - 1} \right]$$

A. Nurkse's theory of balanced development

B. Vicious circle of poverty

C. Keynes's low employment theory

D. Harshman's theory of unbalanced development

A. If a population from which a sample is drawn is normally distributed the sampling distribution of mean (SDM) will be normal for all sample sizes

B. The mean of the SDM is the population mean

C. If the population is not normal from which the sample is drawn, the SDM is not normal for any sample size

D. If the population is not normal from which a sample is drawn, the SDM approaches normality as the sample size increases

A. Demand Forecasting

B. Pricing decision

C. Investment management decision

D. Dividend decision

A. Both (A) and (R) are true and (R) is the correct explanation of (A)

B. Both (A) and (R) are true but (R) is not the correct explanation of (A)

C. (A) is true but (R) is false

D. (A) is false but (R) is true

A. a-3, b-2, c-1

B. a-1, b-2, c-3

C. a-2, b-3, c-1

D. a-1, b-3, c-2

A. MR > 0

B. MR < 0

C. MR = 0

D. MR = 1

A. Rate of substitution

B. Cost rate

C. Rate of production

D. None of these

A. strong ordering and lexicographic preference pattern

B. rationality, consistency and transitivity

C. rationality and weak ordering

D. transitivity and weak ordering