Average Fixed Cost Curve is (1) Upward sloping (2) ‘U’ shaped (3) ‘V’ shaped (4) Downward sloping

Average Fixed Cost Curve is (1) Upward sloping (2) ‘U’ shaped (3) ‘V’ shaped (4) Downward sloping
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Downward sloping 
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Average Fixed Cost Curve is - (1) Upward sloping (2) `U' shaped (3) 'V' shaped (4) Downward sloping

Description : Average Fixed Cost Curve is - (1) Upward sloping (2) `U' shaped (3) 'V' shaped (4) Downward sloping

Last Answer : (4) Downward sloping Explanation: The Average Fixed Cost Curve graphically represents the relation between average fixed cost incurred by a firm in the short-run product of a good or service and the quantity produced. It is relatively high at small quantities of output.

Long run supply curve of a decreasing cost industry is (a) Downward sloping curve ; (b) Upward sloping curve; (c) Straight line parallel to X axis ; (d) Straight line parallel to y axis

Description : Long run supply curve of a decreasing cost industry is (a) Downward sloping curve ; (b) Upward sloping curve; (c) Straight line parallel to X axis ; (d) Straight line parallel to y axis

Last Answer : (a) Downward sloping curve ;

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

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; 

A perfectly elastic supply curve will be (a) Parallel to Y axis or a vertical line ; (b) Parallel to X axis; (c) U shaped ; (d) Downward sloping

Description : A perfectly elastic supply curve will be (a) Parallel to Y axis or a vertical line ; (b) Parallel to X axis; (c) U shaped ; (d) Downward sloping

Last Answer : the aggregate demand curve

A perfect inelastic supply curve will be (a) Parallel to Y axis or a vertical line ; (b) Parallel to X axis ; (c) U shaped; (d) Downward sloping

Description : A perfect inelastic supply curve will be (a) Parallel to Y axis or a vertical line ; (b) Parallel to X axis ; (c) U shaped; (d) Downward sloping

Last Answer : (a) Parallel to Y axis or a vertical line ;

Which of the following cost curve is never `U' shaped ? (1) Marginal cost curve (2) Average variable cost curve (3) Average fixed cost curve (4) Average cost curve

Description : Which of the following cost curve is never `U' shaped ? (1) Marginal cost curve (2) Average variable cost curve (3) Average fixed cost curve (4) Average cost curve

Last Answer : (3) Average fixed cost curve Explanation: Average fixed cost curve is never 'U' shaped. Since total fixed costs are unchanged as output rises, the average fixed cost curve falls continuously as output is increased.

Which of the following is an inverted `U' shaped curve? (1) Average cost (2) Marginal cost (3) Total cost (4) Fixed cost

Description : Which of the following is an inverted `U' shaped curve? (1) Average cost (2) Marginal cost (3) Total cost (4) Fixed cost

Last Answer : (1) Average cost Explanation: In economics, a cost curve is a graph of the costs of production as a function of total quantity produced. Both the Short-run average total cost curve (SRAC) and Long ... typically expressed as U-shaped. However, the shapes of the curves are not due to the same factors.

Which of the following cost curve is never ‘U’ shaped ? (1) Marginal cost curve (2) Average variable cost curve (3) Average fixed cost curve (4) Average cost curve

Description : Which of the following cost curve is never ‘U’ shaped ? (1) Marginal cost curve (2) Average variable cost curve (3) Average fixed cost curve (4) Average cost curve

Last Answer : Average fixed cost curve

Which of the following is an inverted ‘U’ shaped curve ? (1) Average cost (2) Marginal cost (3) Total cost (4) Fixed cost

Description : Which of the following is an inverted ‘U’ shaped curve ? (1) Average cost (2) Marginal cost (3) Total cost (4) Fixed cost

Last Answer : Average cost

The demand curve facing a perfectly competitive firm is - (1) downward sloping (2) perfectly inelastic (3) a concave curve (4) perfectly elastic

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.

The demand curve facing a perfectly competitive firm is (1) downward sloping (2) perfectly inelastic (3) a concave curve (4) perfectly elastic

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

An exceptional demand curve is one that moves - (1) upward to the right (2) downward to the right (3) horizontally (4) vertically

Description : An exceptional demand curve is one that moves - (1) upward to the right (2) downward to the right (3) horizontally (4) vertically

Last Answer : (2) downward to the right Explanation: A demand curve that violates the law of demand is termed an exceptional demand curve. If a household expects the price of a commodity to increase, it may ... backward slope from the top right to down left. This curve is known as an exceptional demand curve.

The demand curve for a Giffen good is (1) upward rising (2) downward falling (3) parallel to the quantity axis (4) parallel to the price axis

Description : The demand curve for a Giffen good is (1) upward rising (2) downward falling (3) parallel to the quantity axis (4) parallel to the price axis

Last Answer : (1) upward rising Explanation: A Giffen good is a good whose consumption in-creases as its price increases. (For a normal good, as the price increases, consumption decreases.) Thus, the ... a price changes the income effect outweighs the substitution effect and this leads to perverse demand curve.

An exceptional demand curve is one that moves (1) upward to the right (2) downward to the right (3) horizontally (4) vertically

Description : An exceptional demand curve is one that moves (1) upward to the right (2) downward to the right (3) horizontally (4) vertically

Last Answer : downward to the right

The demand curve for a Giffen good is (1) upward rising (2) downward falling (3) parallel to the quantity axis (4) parallel to the price axis

Description : The demand curve for a Giffen good is (1) upward rising (2) downward falling (3) parallel to the quantity axis (4) parallel to the price axis 

Last Answer : upward rising

Total fixed cost curve is - (1) Vertical (2) Horizontal (3) Positively Sloping (4) Negatively sloping

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.

Total fixed cost curve is (1) Vertical (2) Horizontal (3) Positively Sloping (4) Negatively sloping

Description : Total fixed cost curve is (1) Vertical (2) Horizontal (3) Positively Sloping (4) Negatively sloping

Last Answer : Horizontal

If a firms cost of raw material decreases then (a) Marginal cost curve will shift downward ; (b) Marginal cost curve will shift upward (c) Market price will go down ; (d) Market price will go up

Description : If a firms cost of raw material decreases then (a) Marginal cost curve will shift downward ; (b) Marginal cost curve will shift upward (c) Market price will go down ; (d) Market price will go up 

Last Answer : (a) Marginal cost curve will shift downward ;

If a firms cost of raw material increases then (a) Market price of the final product will also increase (b) Equilibrium level of quantity also increases ; (c) Marginal cost curve will shift upward (d) Marginal cost curve will shift downward

Description : If a firms cost of raw material increases then (a) Market price of the final product will also increase (b) Equilibrium level of quantity also increases ; (c) Marginal cost curve will shift upward (d) Marginal cost curve will shift downward

Last Answer : ; (c) Marginal cost curve will shift upward

Which of the following faces a downward sloping demand curve (a) Firm in a competitive market ; (b) Firm in a monopoly market ; (c) Both ; (d) None

Description : Which of the following faces a downward sloping demand curve (a) Firm in a competitive market ; (b) Firm in a monopoly market ; (c) Both ; (d) None

Last Answer : (b) Firm in a monopoly market ;

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

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

Pick out the correct statement pertaining to Venturimeter. (A) A Venturimeter with a fixed pressure drop discharges more, when the flow is vertically downward, than when the flow is vertically upward (B) The co-efficient of contraction of a Venturimeter is always unity (C) For a fixed pressure drop, the discharge of a gas through a Venturimeter is greater, when compressibility is taken into account, than when it is neglected (D) None of these

Description : Pick out the correct statement pertaining to Venturimeter. (A) A Venturimeter with a fixed pressure drop discharges more, when the flow is vertically downward, than when the flow is vertically upward (B ... , when compressibility is taken into account, than when it is neglected (D) None of these

Last Answer : (D) None of these

Demand curve of a firm under perfect competition is : (1) horizontal to ox-axis (2) negatively sloped (3) positively sloped (4) U - shaped

Description : Demand curve of a firm under perfect competition is : (1) horizontal to ox-axis (2) negatively sloped (3) positively sloped (4) U - shaped

Last Answer : (1) horizontal to ox-axis Explanation: Under Perfect Competition, the firm faces a horizontal demand curve. It can sell any quantity desired at the market price, but cannot sell anything above the market price.

.All of the following curves are U-shaped, except the (a) AFC curve (b) MC curve © AC curve (d) AVC curve

Description : .All of the following curves are U-shaped, except the (a) AFC curve (b) MC curve © AC curve (d) AVC curve

Last Answer : (a) AFC curve

Demand curve of a firm under perfect competition is : (1) horizontal to ox-axis (2) negatively sloped (3) positively sloped (4) U – shaped

Description : Demand curve of a firm under perfect competition is : (1) horizontal to ox-axis (2) negatively sloped (3) positively sloped (4) U – shaped

Last Answer : horizontal to ox-axis

The dry-bulb temperature scale is read on a psychrometric chart along the: a. Left vertical axis b. Right vertical axis c. Saturation line and sloping downward to the right d. Top horizontal axis e. Horizontal axis on the bottom of the chart

Description : The dry-bulb temperature scale is read on a psychrometric chart along the: a. Left vertical axis b. Right vertical axis c. Saturation line and sloping downward to the right d. Top horizontal axis e. Horizontal axis on the bottom of the chart

Last Answer : ANSWER : E

7) DuPont implemented an expensive advertising campaign for Stainmaster carpet because the firm understood that if it could sell more carpeting the mills would buy more of its chemicals. DuPont demonstrated an understanding that for industrial firms demand is often A)proportional. B)downward sloping. C)inelastic. D)derived. E)seasonal.

Description : 7) DuPont implemented an expensive advertising campaign for Stainmaster carpet because the firm understood that if it could sell more carpeting the mills would buy more of its chemicals. DuPont demonstrated ... demand is often A)proportional. B)downward sloping. C)inelastic. D)derived. E)seasonal.

Last Answer : D)derived.

The Marginal Utility Curve slopes downward from left to right indicating - (1) A direct relationship between marginal utility and the stock of commodity (2) A constant relationship between marginal utility and the stock of commodity (3) A proportionate relation-ship between marginal utility and the stock of commodity (4) An inverse relationship between marginal utility and the stock of commodity

Description : The Marginal Utility Curve slopes downward from left to right indicating - (1) A direct relationship between marginal utility and the stock of commodity (2) A constant relationship between marginal ... stock of commodity (4) An inverse relationship between marginal utility and the stock of commodity

Last Answer : (4) An inverse relationship between marginal utility and the stock of commodity Explanation: The Marginal Utility Curve is a curve illustrating the relation between the marginal utility obtained from ... marginal (additional) benefit to the consumer falls; hence consumers are prepared to pay less.

The Marginal Utility Curve slopes downward from left to right indicating (1) A direct relationship between marginal utility and the stock of commodity (2) A constant relationship between marginal utility and the stock of commodity (3) A proportionate relationship between marginal utility and the stock of commodity (4) An inverse relationship between marginal utility and the stock of commodity

Description : The Marginal Utility Curve slopes downward from left to right indicating (1) A direct relationship between marginal utility and the stock of commodity (2) A constant relationship between marginal ... stock of commodity (4) An inverse relationship between marginal utility and the stock of commodity

Last Answer : An inverse relationship between marginal utility and the stock of commodity

Shifts in demand curve include A.Increase in Demand (Upward shift) B.Extention in demand C.Contraction in demand D.None of the above

Description : Shifts in demand curve include A.Increase in Demand (Upward shift) B.Extention in demand C.Contraction in demand D.None of the above

Last Answer : A.Increase in Demand (Upward shift)

Is there a difference in the upward nod and the downward nod?

Description : Is there a difference in the upward nod and the downward nod?

Last Answer : Upward = “S’up, dude?” Downward = “G’day to you, sir”

what- two elevators are side by side. the freight elevator is at the bottom floor and traveling upward, and the express elevator is at the 20th floor and traveling downward. the height of the freight elevator?

Description : what- two elevators are side by side. the freight elevator is at the bottom floor and traveling upward, and the express elevator is at the 20th floor and traveling downward. the height of the freight elevator?

Last Answer : in floors is described by the equation y= 1/4x, ......

what is the acceleration of a 1.4 kg object if the gravitational force pulls downward on it , but air resistance pushes upward on it with a force of 2.5 N?

Description : what is the acceleration of a 1.4 kg object if the gravitational force pulls downward on it , but air resistance pushes upward on it with a force of 2.5 N?

Last Answer : if g = 10(m/s)/s then force down = ma = 10*1.4=14n14n-2.5n=11.5na=f/m = 11.5/1.4 = 8.21 (m/s/)s

Intragenerational mobility may be upward or downward.

Description : Intragenerational mobility may be upward or downward.

Last Answer : Correct underlined word and complete the sentence : Intragenerational mobility may be upward or downward.

A man is standing on a weighing machine in a lift which is moving. The weighing machine will show minimum reading when, the lift is moving A. In a free fall due to failure of the lift mechanism B. Upward with uniform acceleration C. Downward with uniform acceleration D. Upward with uniform speed

Description : A man is standing on a weighing machine in a lift which is moving. The weighing machine will show minimum reading when, the lift is moving A. In a free fall due to failure of the lift mechanism B. Upward with uniform acceleration C. Downward with uniform acceleration D. Upward with uniform speed

Last Answer : ANSWER: A

A person weighs more in a lift, which is (a) moving up with a constant velocity (b) moving down with a constant velocity (c) accelerating upward (d) accelerating downward

Description : A person weighs more in a lift, which is (a) moving up with a constant velocity (b) moving down with a constant velocity (c) accelerating upward (d) accelerating downward

Last Answer : Ans:(c)

A particle is thrown vertically upward. When it reaches the highest point, it has – (1) a downward acceleration (2) an upward acceleration (3) a downward velocity (4) a horizontal velocity

Description : A particle is thrown vertically upward. When it reaches the highest point, it has – (1) a downward acceleration (2) an upward acceleration (3) a downward velocity (4) a horizontal velocity

Last Answer : (1) a downward acceleration Explanation: When a particle is thrown vertically upwards in space, it will experience constant acceleration towards the ground (irrespective of the direction in which it ... point, it has zero velocity but has downward acceleration equal to acceleration due to gravity.

The reduced levels of the string at the consecutive sight rails A and B are 203.575 m, 203.475 m respectively. If the difference of their R.D.s is 10 m, the gradient of the sewer line is A. 1 in 100 upward B. 1 in 500 upward C. 1 in 100 downward D. 1 in 503 upward

Description : The reduced levels of the string at the consecutive sight rails A and B are 203.575 m, 203.475 m respectively. If the difference of their R.D.s is 10 m, the gradient of the sewer line is A. 1 in 100 upward B. 1 in 500 upward C. 1 in 100 downward D. 1 in 503 upward

Last Answer : ANS: C

A man is standing on a weighing machine in a lift which is moving. The weighing machine will slow MINIMUM reading when, the lift is moving? A. Upward with uniform speed B. Downward with uniform acceleration C. In a free fall due to failure of the lift mechanism (Answer) D. None of these

Description : A man is standing on a weighing machine in a lift which is moving. The weighing machine will slow MINIMUM reading when, the lift is moving? A. Upward with uniform speed B. Downward with uniform acceleration C. In a free fall due to failure of the lift mechanism (Answer) D. None of these

Last Answer : C. In a free fall due to failure of the lift mechanism (Answer)

What is the direction of micropyle in anatropous ovule? (a) Upward (b) Downward (c) Right (d) Left

Description : What is the direction of micropyle in anatropous ovule? (a) Upward (b) Downward (c) Right (d) Left

Last Answer : b) Downward

What is the direction of movement of sugars in phloem? (a) Bi-directional (b) Non-multidirectional (c) Upward (d) Downward

Description : What is the direction of movement of sugars in phloem? (a) Bi-directional (b) Non-multidirectional (c) Upward (d) Downward

Last Answer : (a) Bi-directional

In which of the following cases, it is possible for flow to occur from low pressure to high pressure? (A) Flow of liquid upward in a vertical pipe (B) Flow through a converging section (C) Flow of air downward in a pipe (D) Impossible in a constant cross-section conduit

Description : In which of the following cases, it is possible for flow to occur from low pressure to high pressure? (A) Flow of liquid upward in a vertical pipe (B) Flow through a converging section (C) Flow of air downward in a pipe (D) Impossible in a constant cross-section conduit

Last Answer : (B) Flow through a converging section

If the plane table is not horizontal in a direction at right angles to the alidade, the line of sight is parallel to the fiducial edge only for (A) Horizontal sights (B) Inclined sights upward (C) Inclined sight downward (D) None of these

Description : If the plane table is not horizontal in a direction at right angles to the alidade, the line of sight is parallel to the fiducial edge only for (A) Horizontal sights (B) Inclined sights upward (C) Inclined sight downward (D) None of these

Last Answer : (A) Horizontal sights

A cantilever carries is uniformly distributed load W over its whole length and a force W acts at its free end upward. The net deflection of the free end will be (A) Zero (B) (5/24) (WL3 /EI) upward (C) (5/24) (WL3 /EI) downward (D) None of these

Description : A cantilever carries is uniformly distributed load W over its whole length and a force W acts at its  free end upward. The net deflection of the free end will be  (A) Zero  (B) (5/24) (WL3 /EI) upward  (C) (5/24) (WL3 /EI) downward  (D) None of these 

Last Answer : (B) (5/24) (WL3 /EI) upward

If the loading on a pre-stressed rectangular beam, is uniformly distributed, the tendon to be provided should be. (A) Straight below centroidal axis (B) Parabolic with convexity downward (C) Parabolic with convexity upward (D) Straight above centroidal axis

Description : If the loading on a pre-stressed rectangular beam, is uniformly distributed, the tendon to be provided should be. (A) Straight below centroidal axis (B) Parabolic with convexity downward (C) Parabolic with convexity upward (D) Straight above centroidal axis

Last Answer : Answer: Option B

Due to shrinkage stresses, a simply supported beam having reinforcement only at bottom tends to (A) Deflect downward (B) Deflect upward (C) Deflect downward or upward (D) None of the above

Description : Due to shrinkage stresses, a simply supported beam having reinforcement only at bottom tends to (A) Deflect downward (B) Deflect upward (C) Deflect downward or upward (D) None of the above

Last Answer : Answer: Option A

Archimedes principle states that  a. when a body is inversed in a fluid, the fluid exerts a downward force on the body whose magnitude is equal to the weight of the displaced fluid  b. when a body is inversed in a fluid, the fluid exerts a upward force on the body whose magnitude is equal to the weight of the displaced fluid.  c. when a body is inversed in a fluid, the fluid exerts a downward force on the body whose magnitude is greater than the weight of the displaced fluid.  d. when a body is inversed in a fluid, the fluid exerts a downward force on the body whose magnitude is lower than the weight of the displaced fluid.

Description : Archimedes principle states that  a. when a body is inversed in a fluid, the fluid exerts a downward force on the body whose magnitude is equal to the weight of the displaced fluid  b. ... fluid exerts a downward force on the body whose magnitude is lower than the weight of the displaced fluid.

Last Answer : when a body is inversed in a fluid, the fluid exerts a upward force on the body whose magnitude is equal to the weight of the displaced fluid.

A simply supported rectangular beam is uniformly loaded and is prestressed. The tendon provided for prestressing should be (a) Straight, above centroidal axis (b) Straight, below centroidal axis (c) parabolic, with convexity upward (d) Parabolic, with convexity downward

Description : A simply supported rectangular beam is uniformly loaded and is prestressed. The tendon provided for prestressing should be (a) Straight, above centroidal axis (b) Straight, below centroidal axis (c) parabolic, with convexity upward (d) Parabolic, with convexity downward

Last Answer : (d) Parabolic, with convexity downward

An increase in temperature on the top fibre of a simply supported beam will cause (a) Downward deflection (b) Upward deflection (c) No deflection (d) Angular rotation about neutral axis

Description : An increase in temperature on the top fibre of a simply supported beam will cause (a) Downward deflection (b) Upward deflection (c) No deflection (d) Angular rotation about neutral axis

Last Answer : Upward deflection

What is a temporary or permanent local deviation of the OTDR signal in the upward or downward direction called?

Description : What is a temporary or permanent local deviation of the OTDR signal in the upward or downward direction called?

Last Answer : A point defect.