Description : Bread and butter, car and petrol are examples of goods which have - (1) composite demand (2) joint demand (3) derived demand (4) autonomous demand
Last Answer : (3) derived demand Explanation: Derived demand is a term in economics, where demand for one good or service occurs as a result of the demand for another intermediate/final good or service. This may occur ... must be mined for coal to be consumed. As the demand for coal increases, so does its price.
Description : Demand for complementary goods is known as - (1) Joint demand (2) Derived demand (3) Direct demand (4) Cross demand
Last Answer : (1) Joint demand Explanation: Demand for complementary goods is called Joint Demand. Joint Demand is the demand in which goods are related in such a way that an increase in the demand for one causes an increase in the demand for the other.
Description : Demand for complementary goods is known as (1) Joint demand (2) Derived demand (3) Direct demand (4) Cross demand
Last Answer : Joint demand
Description : The fact that organisational customers purchase products to be used directly or indirectly in the production of goods and services to satisfy customers' needs means that demand for industrial products is: A)joint B)economically stable C)derived D)inelastic E)more fluctuating
Last Answer : C)derived
Description : )The demand of a commodity is a direct demand but the demand of a factor of production is called a - (1) Crossed demand (2) Joint demand (3) Derived demand (4) Independent demand
Last Answer : (3) Derived demand Explanation: In the words of McConnell, the demand for factors of production is a derived demand that is derived from the finished goods and services which resources help to produce. ... demand, demand for factors is derived demand. It is based on the productivity of the factors.
Description : The demand of a commodity is a direct demand but the demand of a factor of production is called a (1) Crossed demand (2) Joint demand (3) Derived demand (4) Independent demand
Last Answer : Derived demand
Description : Elasticity of demand measures the responsiveness of the quantity demanded of a goods to a (1) change in the price of the goods (2) change in the price of substitutes (3) change in the price of the complements (4) change in the price of joint products
Last Answer : (1) change in the price of the goods Explanation: Price elasticity of demand is a measure of responsiveness of the quantity of a good or service demanded to changes in its price. This measure of ... good with respect to the change in the price of some other good, a complementary or substitute good.
Last Answer : change in the price of the goods
Description : .Which one single organism or the pair of organisms is correctly assigned to its or their named taxonomic group? (a) Paramecium and Plasmodium belong to the same kingdom as that of Penicillium. (b) ... used in making bread and beer is a fungus. (d) Nostoc and Anabaena are examples of protista.
Last Answer : (c) Yeast used in making bread and beer is a fungus.
Description : Which one single organisms or the pair of organisms is correctly assigned to its or their named taxonomic group ? (1) Nostoc and Anabaena are examples of protista (2) Paramecium and Plasmodium belong to the ... of an algae and a protozoan (4) Yeast used in making bread and beer is a fungus
Last Answer : (4) Yeast used in making bread and beer is a fungus
Description : Bread and butter have……….. (a) Negative cross price elasticity of demand ; (b) Positive cross elasticity of demand (c) Positive income elasticity of demand ; (d) Negative income elasticity of demand
Last Answer : (a) Negative cross price elasticity of demand ;
Description : Cross elasticity of demand between petrol and car is - (1) infinite (2) positive (3) zero (4) negative
Last Answer : (4) negative Explanation: In economics, the cross elasticity of demand or cross-price elasticity of demand measures the responsiveness of the demand for a good to a change in the ... denotes two products that are complements, while a positive cross elasticity denotes two substitute products
Description : Cross elasticity of demand between petrol and car is (1) infinite (2) positive (3) zero (4) negative
Last Answer : negative
Description : The demand for many industrial products for which a price increase or decrease will not significantly affect the demand is 1. elastic 2. inelastic 3. derived 4. joint 5. none of these
Last Answer : inelastic
Description : As it places its order for truck tyres with Michelin, South Side Industrial Supply realises that it must also place an order for valve stems and balancing weights for the truck tyres. Here industrial products are characterised as having ____ demand. A)fluctuating B)inelastic C)derived D)joint
Last Answer : D)joint
Description : The demand for many industrial products for which a price increase or decrease will not significantly affect the demand is: A)elastic B)inelastic C)derived D)joint
Last Answer : B)inelastic
Description : The demand for labour is called - (1) Market demand (2) Direct demand (3) Derived demand (4) Factory demand
Last Answer : (3) Derived demand Explanation: The demand for labour is "derived- from the production and demand for the product being demanded. If the demand for the product increases, either the price will ... price and production numbers are met. Labour is "derived" from the market demand for the product.
Description : The demand of a factor of production is (1) direct (2) derived (3) neutral (4) discretion of the producer
Last Answer : (2) derived Explanation: There are 4 factors of production; land, labor, capital and entrepreneurship. The demand for the factors of production is a derived demand. That means these factors of production are demanded because there is a demand for the end product they produce.
Description : Demand curve can be derived from the law of diminishlng marginal utility on which of the following assumptions? (i) Utility can be measured in quantitative terms (ii) Utility of money is constant Of these statements: A.Only ... ) and (ii) are true C.Only (ii) is true D.Neither (i) nor (ii) is true
Last Answer : B.Both (i) and (ii) are true
Last Answer : derived
Description : The demand for labour is called (1) Market demand (2) Direct demand (3) Derived demand (4) Factory demand
Description : Which one of the following pairs of goods is an example for Joint Supply? (1) Coffee and Tea (2) Ink and Pen (3) Tooth brush and Paste (4) Wool and Mutton
Last Answer : (4) Wool and Mutton Explanation: The production of two or more goods simultaneously from the same imputs is called Joint Supply. Wool and Mutton are an example for joint supply.
Description : Which one of the following pairs of goods is an example for Joint Supply ? (1) Coffee and Tea (2) Ink and Pen (3) Tooth brush and Paste (4) Wool and Mutton
Last Answer : Wool and Mutton
Description : By whom was the autonomous investment separated from induced investment? (1) Schumpeter (2) Malthus (3) Joan Robinson (4) Adam Smith
Last Answer : (1) Schumpeter Explanation: Under his concept of creative destruction, Schunipeter distinguished between two types of investment that he called induced and autonomous. Induced investment arose from the ... Saving up constituted the part of out-put that is withheld from investment and consumption.
Description : The value of investment multiplier relates to - (1) change in income due to change in autonomous investment. (2) change in autonomous investment due to change in income. (3) change in income due to change in consumption. (4) change in the income due to change in induced investment.
Last Answer : (2) change in autonomous investment due to change in income. Explanation: The term investment multiplier refers to the concept that any increase in public or private investment spending has a ... . The investment multiplier tries to determine the financial impact for a public or private project.
Description : Where is Wildlife Institute of India (WII) which is an autonomous institution under the Ministry of Environment Forest and Climate change based? a. Leh, Jammu & Kashmir b. Darjeeling, West Bengal c. Shimla, Himachal Pradesh d. Dehradun, Uttarakhand
Last Answer : d. Dehradun, Uttarakhand
Description : The additional capital used per unit of additional production is called a. Induced investment b. Autonomous investment c. Incremental COR d. None of the above
Last Answer : : c. Incremental COR COR refers to the number of units of capital required to produce one unit of output.
Description : The investment by government to create socio-economic infrastructure is a. Induced investment b. Autonomous investment c. Incremental COR d. None of the above
Last Answer : b. Autonomous investment Autonomous investment is made by the government. Welfare rather than profit is the primary objective here.
Description : By whom was the autonomous investment separated from induced investment ? (1) Schumpeter (2) Malthus (3) Joan Robinson (4) Adam Smith
Last Answer : Schumpeter
Description : The value of investment multiplier relates to (1) change in income due to change in autonomous investment. (2) change in autonomous investment due to change in income. (3) change in income due to change in consumption. (4) change in the income due to change in induced investment.
Last Answer : change in autonomous investment due to change in income.
Description : In the law of demand, the statement "Other things remain constant" means - (1) income of consumer should not change (2) price of other goods should not change (3) taste of consumer should not change (4) All of the above
Last Answer : (4) All of the above Explanation: In economics, the law of demand is an economic law, which states that consumers buy more of a good when its price is lower and less when its price is higher ... of good demanded by the consumer will be negatively correlated to the change in the price of the good.
Description : 'Gresham's Law' in Economics relates to (1) supply and demand (2) circulation of currency (3) consumption of supply (4) distribution of goods and services
Last Answer : (2) circulation of currency Explanation: Gresham's law is an economic principle that states: "When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave ... will flood into circulation." It is commonly stated as: "Bad money drives out good."
Description : Which of the following is true about the way by which SDG&E has been regulated by the PUC? a. SDG&E has been allowed to earn very high economic profits b. The profits of SDG&E are calculated as ... the demand for electricity would fall, the price of electricity would also fall d. All of the above
Last Answer : b. The profits of SDG&E are calculated as a percent of the value of the capital goods
Description : In case of Complementary goods cross elasticity of demand will be (a) Negative (b) Zero (c) Unitary (d) Infinite
Last Answer : (a) Negative
Description : A price consumption curve, traces the utility maximizing combination of two goods when (a) the price of one good changes (b) the consumer’s preference change © the consumer’s income changes (d) the demand curve for one of the goods shifts rightward
Last Answer : (a) the price of one good changes
Description : In the law of demand, the statement “Other things remain constant” means (1) income of consumer should not change (2) price of other goods should not change (3) taste of consumer should not change (4) All of the above
Last Answer : All of the above
Description : Does One Butter the French Bread on a French Dip Sandwich?
Last Answer : To Each His Own. What Do The Other Guests You’re Having Prefer? My Sister Puts Butter On Her Tuna Fish Sandwiches Because It Helps It To Slide Down Her Gullet. Your Call.
Description : Many times food cravings are our bodies way of telling us something is lacking in our diet, so what does my body want that I crave bread and butter?
Last Answer : According to WebMD, carb cravings indicate low serotonin levels. and probably cancer http://www.webmd.com/depression/features/craving-carbs
Description : If I'm making Banana bread, could I substitute for the butter with an equal amount of Avocado or would a different ratio be needed ?
Last Answer : answer:Lol… I don’t think so. IT would taste weird. Might be better to use a healthy oil…
Description : How did "Bread and Butter" pickles have this name?
Last Answer : I’ve looked this up before (well, more specifically just about pickles) and recalled this. Maybe some links in there for ya!
Description : Why was the American Federation of Labor (AFL) called the "bread and butter" union?
Last Answer : The AFL(American Federation Labor) would be considered a "Breadand Butter" union because they sought to receive higher wages.
Description : If I give you a loaf of bread , where will you put the butter ?
Last Answer : You are only told to give bread. You were not given butter.
Description : How much salt is in Bread and Butter pickles?
Last Answer : 2 Teaspoons Pickling Spice per 8 quarts.
Description : Explain in detail what is a balanced diet; name a nutrient present in each of the following food: 1. Apple 2. Bread 3. Meat 4. Butter 5. Orange 6. Egg 7. Milk 8. Spinach
Last Answer : Answers: 1. Vitamin C 2. Starch 3. Vitamin A 4. Vitamin A 5. Vitamin C 6. Vitamin D 7. Vitamin A, C, D 8. Vitamin K
Description : ......................is the term which simply means the reporting of information that helps people cope with their daily lives and it is the bread and butter of magazines. a) Service Journalism b) Yellow Journalism c) Sports Journalism d) Chequebook Journalism
Last Answer : a) Service Journalism
Description : 73. Yeast is used in the production of (1) Cheese and butter (2) Citric acid and lactic acid (3) Lipase and pectinase (4) Bread and beer
Last Answer : Bread and beer
Description : If prices of petrol rises from `40. To `48 per lt., the demand for cars falls from 60 per month to 45 per month, the cross elasticity of petrol and Car is (a) 1.5 ; (b) 1.25 ; (c) 1.0 ; (d) 1.59
Last Answer : (b) 1.25 ;
Description : What is the name of the system in which stocking of fishes of different habits in the same pond is done? a. High land Fish Culture b. Sharing Fish Culture c. Composite Fish Culture d. Mixed Fish Culture
Last Answer : c. Composite Fish Culture
Description : What are composite materials examples?
Last Answer : Composite materials are formed from two or more materials havingvery different properties.Examples: plastic+metal, plastic+ceramic, metal+ceramic,plastic+glass, plastic+carbon fibers and many other.
Description : Autonomous cruise control are considered a _ car A. level 1 B. level 2 C. Level 3 D. level 4
Last Answer : A. level 1