Description : The isoquants in Input Output model is (a) convex to the origin (b) concave to the origin © l shaped. (d) straight line.
Last Answer : © l shaped.
Description : Which one of the following not a feature of Indifference Curve? (1) They do not intersect each other (2) They slope downwards to the right (3) They are parallel to each other (4) They are concave to each other
Last Answer : (4) They are concave to each other Explanation: Indifference curves are usually convex to the on-gin. In In other words, the indifference curve is relatively flatter in its righthand portion and ... convexity of an indifference curve depends on the rate of fall in the marginal rate of substitution.
Description : Which one of the following is not a feature of Indifference Curve? (1) They do not intersect each other (2) They slope downwards to the right (3) They are parallel to each other (4) They are concave to each other
Last Answer : They are concave to each other
Description : “Higher the indifference curve, higher will be the level of satisfaction” (a) always true (b) always false © sometimes true and sometimes false (d) true only if price effect is positive.
Last Answer : (b) always false
Description : At the point of equilibrium, the slopes of indifference curve and budget line are (a) different (b) equal (c) not measurable (d) increasing
Last Answer : (b) equal
Description : If the supply curve is a straight line passing through the origin, then the price elasticity of supply will be - (1) less than unity (2) infinitely large (3) greater than unity (4) equal to unity
Last Answer : (4) equal to unity Explanation: Any straight line supply curve passing through the origin has an elasticity of supply equal to 1. The different types of price elasticity of supply are listed below:
Description : If the supply curve is a straight line passing through the origin, then the price elasticity of supply will be (1) less than unity (2) infinitely large (3) greater than unity (4) equal to unity
Last Answer : equal to unity
Description : Pick up the incorrect statement from the following: (A) Highways are always constructed in straight line (B) Highways may be provided horizontal curves (C) Highways may be provided vertical curves (D) Highways may be provided both horizontal and vertical curves
Last Answer : Answer: Option A
Description : An indifference curve measures the same level of - (1) Output from two factors (2) Satisfaction from two commodities (3) Satisfaction from Income and Capital (4) Satisfaction from expenditure and savings
Last Answer : (2) Satisfaction from two commodities Explanation: An indifference curve is a locus of combinations of goods which derive the same level of satisfaction. so that the consumer is indifferent ... of various points showing different combinations of two goods providing equal utility to the consumer
Description : Which curve shows the inverse relationship between unemployment and inflation rates? (1) Supply curve (2) Indifference curve (3) IS curve (4) Phillips curve
Last Answer : (4) Phillips curve Explanation: The Phillips curve shows the inverse relationship between inflation and unemployment: as unemployment decreases, inflation increases. The relationship, however, is not linear. Graphically, ... unemployment rate is on the x-axis and the inflation rate is on the y-axis.
Description : Which of the following concepts are most closely associated with J.M. Keynes? (1) Control of money supply (2) Marginal utility theory (3) Indifference curve analysis (4) Marginal efficiency of captial
Last Answer : (4) Marginal efficiency of captial Explanation: The marginal efficiency of capital (MEC) is that rate of discount which would equate the price of a fixed capital asset with its present discounted ... given by the returns expected from the capital asset during its life Just equal its supply price
Description : Price effect in indifference curve analysis arises A.When the consumer becomes either better off or worse off because price change is not compensated by income change. B.When the consumer is betler off due to a change in income and price C.When income and price change D.None of the above
Last Answer : A.When the consumer becomes either better off or worse off because price change is not compensated by income change.
Description : On an indifference map, if the income consumption curve slopes downwards to the right it shows that A.Both X and Y are superior goods B.Y is an inferior good C.X is an inferior good D.Both X and Y are inferior goods
Last Answer : B.Y is an inferior good
Description : Other things remaining the same, when a consumer's income increases, his equilibrium point moves to A.A higher indifference curve B.To the left-hand side on the same indifference curve C.Remains unchanged on the same indifference curve D.A lower indifference curve
Last Answer : A.A higher indifference curve
Description : Put into chronological order on the basis of development: l. Law of demand 2. Law of indifference 3. Law of diminishing marginal utility 4. Revealed preference curve 5. Indifference curve A.1 3 4 2 5 B.1 5 3 4 2 C.1 3 2 5 4 D.1 2 3 4 5
Last Answer : C.1 3 2 5 4
Description : An indifference curve indicates (a) No choice among goods (b) No need of any good (c) Disinterested in acceptance of goods
Last Answer : (d) One combination is preferred to another
Description : A curve that goes through all the tangency points of an x and y isoquants in a Edgeworth Box is called (a) Indifference curve (b) Trade indifference curve (c) Offer curve (d) Contract curve
Last Answer : Offer curve
Description : Marginal rate of substitution is the ___of the indifference curve (a) mean (b) slope © peak (d) inverse
Last Answer : (b) slope
Description : An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y. (1) same (2) higher (3) lower (4) minimum
Last Answer : same
Description : An indifference curve measures the same level of (1) Output from two factors (2) Satisfaction from two commodities (3) Satisfaction from Income and Capital (4) Satisfaction from expenditure and savings
Last Answer : Satisfaction from two commodities
Description : Which curve shows the inverse relationship between unemployment and inflation rates ? (1) Supply curve (2) Indifference curve (3) IS curve (4) Phillips curve
Last Answer : Phillips curve
Description : Which of the following concepts are most closely associated with J.M. Keynes ? (1) Control of money supply (2) Marginal utility theory (3) Indifference curve analysis (4) Marginal efficiency of captial
Last Answer : Marginal efficiency of captial
Description : The adiabatic saturation curve for a vapour-gas mixture is (A) Straight line (B) Slightly concave upward (C) Slightly concave downward (D) None of these
Last Answer : (B) Slightly concave upward
Description : Total fixed cost curve is - (1) Vertical (2) Horizontal (3) Positively Sloping (4) Negatively sloping
Last Answer : (2) Horizontal Explanation: The Total Fixed Cost Curve is a curve that graphically represents the relation between total fixed cost incurred by a firm in the short-run product of a good or service and the ... cost are, in fact, fixed, the total fixed cost curve is, in fact, a horizontal line.
Description : Total fixed cost curve is (1) Vertical (2) Horizontal (3) Positively Sloping (4) Negatively sloping
Last Answer : Horizontal
Description : A boy sitting in a train moving with a uniform velocity drops a coin outside. A man standing outside the train will find the trajectory of the coin to be - (1) a parabola (2) a horizontal straight line (3) a vertical straight line (4) a circle
Last Answer : (1) a parabola Explanation: Parabola, because when the coin is dropped at a particular point, it has the same velocity as the running train. So, by Newton's first law, it continues its motion horizontally with that velocity.
Description : On mollier chart ,free expansion or throttling process from High pressure to atmosphere is represented by • Horizontal straight line • Vertical straight line • Straight inclined line • Curved line
Last Answer : • Horizontal straight line
Description : For any part of a beam subjected to uniformly distributed load, bending moment diagram is (a) Horizontal straight line (b) Vertical straight line (c) Line inclined to x-axis (d) Parabola
Last Answer : d) Parabola
Description : For any part of a beam subjected to uniformly distributed load, Shear force diagram is (a) Horizontal straight line (b) Vertical straight line (c) Line inclined to x-axis (d) Parabola
Last Answer : (c) Line inclined to x-axis
Description : For any part of a beam between two concentrated load, Bending moment diagram is a (a) Horizontal straight line (b) Vertical straight line (c) Line inclined to x-axis (d) Parabola
Description : 7-For any part of the beam, between two concentrated load Shear force diagram is a (a) Horizontal straight line (b) Vertical straight line (c) Line inclined to x-axis (d) Parabola
Last Answer : Na
Description : Pick up the correct statement from the following: (A) Continuous grading is not necessary for obtaining a minimum of air voids (B) The omission of a certain size of aggregate is shown by ... in concrete increases the workability but also increases the liability to segregation (D) All the above
Last Answer : Answer: Option D
Description : On a grading curve, the gap grading is represented by (A) A horizontal line (B) A vertical line (C) N.W. inclined line (D) N.E. inclined line
Description : Long run supply curve of a increasing cost industry is (a) Horizontal line overlapping X axis ; (b) Upward sloping line; (c) Downward sloping line ; (d) Vertical line
Last Answer : (b) Upward sloping line;
Description : Long run supply curve of a constant cost industry is (a) Horizontal line at a price that is equal to the long run minimum average cost of production; (b) Horizontal line overlapping X axis ; (c) Vertical line at mid of X axis ; (d) Vertical line overlapping Y axis
Last Answer : (a) Horizontal line at a price that is equal to the long run minimum average cost of production;
Description : If the average revenue is a horizontal straight line, marginal revenue will be - (1) U shaped (2) Kinked (3) Identical with average revenue (4) L shaped
Last Answer : (3) Identical with average revenue Explanation: The price of a good is also known as the Average Revenue of the firm. Average Revenue (AR) or Price and Marginal Revenue (MR) are identical. ... demand curve. Hence, the competitive demand curve is a horizontal straight line parallel to the OX axis.
Description : If the average revenue is a horizontal straight line, marginal revenue will be (1) U shaped (2) Kinked (3) Identical with average revenue (4) L shaped
Last Answer : Identical with average revenue
Description : The demand curve facing a perfectly competitive firm is - (1) downward sloping (2) perfectly inelastic (3) a concave curve (4) perfectly elastic
Last Answer : (4) perfectly elastic Explanation: A perfectly competitive industry is comprised of a. large number of relatively small firms that sell identical products. Each perfectly competitive firm is so small ... at the going market price. This translates into a horizontal or perfectly elastic demand curve.
Description : The demand curve facing a perfectly competitive firm is (1) downward sloping (2) perfectly inelastic (3) a concave curve (4) perfectly elastic
Last Answer : perfectly elastic
Description : A levy of excise duty on consumption of an item consumed will .. (a) Induce suppliers to pump in more quantity in the market; (b) Result in fall in the consumption of the commodity ... by the consumer ; (c) Lead to inflationary conditions ; (d) Place the consumer on lower indifference curve
Last Answer : (d) Place the consumer on lower indifference curve
Description : In psychrometric chart, dew point temperature lines are A. horizontal B. vertical C. curved D. straight lines slopping downwards to the right
Last Answer : ANSWER : A
Description : Pick up the incorrect statement from the following. The width of the right-of-way is decided so as to accommodate (A) Formation width (B) Side slopes (C) Horizontal curve (D) Vertical curve
Description : The incisal guidance on the articulator is the:** A. Mechanical equivalent of horizontal and vertical overlap of upper and lower incisors B. Mechanical equivalent of the compensating curve C. Same as condylar guidance D. Estimated by the equation: Incisal guidance = 1/8 of condylar guidance
Last Answer : A. Mechanical equivalent of horizontal and vertical overlap of upper and lower incisors
Description : A typical demand curve will normally have a (a) positive slope ; (b) horizontal slope ;(c) vertical slope ; (d) negative slope
Last Answer : (d) negative slope
Description : Pick out the wrong statement: (A) Absorption factor is constant, when the equilibrium and operating lines are straight (B) In case of a stripper, the equilibrium curve is always below ... (D) In the absorption of low solubility gases, the liquid film is the controlling resistance
Last Answer : (B) In case of a stripper, the equilibrium curve is always below the operating line
Description : The boundary of water of a still lake represents (A) Level surface (B) Horizontal surface (C) Contour line (D) A concave surface
Last Answer : (C) Contour line
Description : 2. When Daimler Benz, maker of the Mercedes, bought Chrysler, the merger was a. horizontal b. vertical c. conglomerate
Last Answer : a. horizontal
Description : What is Concave Slope and Convex Slope? Explain? -SST 10th
Last Answer : Concave Slope: The slope is very gentle at the foot and it goes on getting steeper and steeper towards the top. The spacing between successive contours at the lower level is more than at the ... diagram. The spacing between successive contours at the lower level is less than at the higher level.
Description : Draw the ray diagram in each case to show the position and nature of the image formed when the object is placed: (i) at the centre of curvature of a concave mirror (ii) between the pole P and focus F of ... front of a convex mirror (iv) at 2F of a convex lens (v) in front of a concave lens -Physics
Last Answer : Answer. Nature of image: Real, inverted and same size image is formed at the centre of curvature. Nature of image: Virtual, enlarged and erect image is formed behind the mirror. Nature of image: Virtual ... : Virtual, erect and diminished image is formed between O and F on the same side of object.
Description : report about convex and concave
Last Answer : Make a list of all the convex and concave reflecting surface in your home and surroundings. Prepare ... your findings please i want it by report