Questions

Q:

__________ is defined as the output per unit of variable input

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: D) Average product

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Q:

Goods for which demand move in the opposite direction of the income of the consumer are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: A) Inferior goods

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Q:

Which of these countries got Independence from United Kingdom?

A) Uzbekistan B) India
C) Venezuela D) South Korea
 
Answer & Explanation Answer: B) India

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Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.  B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions. D) the extent to which a market is competitive. 
 
Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Q:

Martin Crowe who passed away recently was the former cricket captain of which country?

A) Australia B) England
C) New Zealand D) South Africa
 
Answer & Explanation Answer: C) New Zealand

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Q:

Find the odd word/letters/number from the given alternatives.

A) CPA B) REB
C) QUD D) AOT
 
Answer & Explanation Answer: A) CPA

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Q:

Amazon river flows through which of the following country?

A) USA B) France
C) Brazil D) Canada
 
Answer & Explanation Answer: C) Brazil

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Filed Under: World Geography
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Q:

Find the odd word/letters/number from the given alternatives.

A) Apartment B) Garage
C) Quarter D) Flat
 
Answer & Explanation Answer: B) Garage

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