Questions

Q:

The supply curve for a monopolist is

A) Verticle B) Horizontal
C) Downward sloping D) Doesn't exist
 
Answer & Explanation Answer: D) Doesn't exist

Explanation:

A monopoly firm has no well-defined supply curve. In other words, there is no unique supply curve for the monopolist derived from his MC curve.

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Great minds think alike

 

A) When an evil plan is hatched criminals agree. B) Said to those people who don’t like each other to make them agree.
C) Said when two people have the same opinion or make the same choice. D) Intelligent people will think of plans to which everybody will say yes.
 
Answer & Explanation Answer: C) Said when two people have the same opinion or make the same choice.

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

based on random choice or personal whim

A) auxiliary B) arbitrary
C) allegory D) ambulatory
 
Answer & Explanation Answer: B) arbitrary

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

Become liquid, typically during decomposition

A) Deliquesce B) Petrify
C) Cohere D) Anneal
 
Answer & Explanation Answer: A) Deliquesce

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

Make something seem less important, significant, or trifling.

A) superintend B) optimality
C) trivialize D) dumb down
 
Answer & Explanation Answer: C) trivialize

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

To have at one's fingertips

A) To be very fast on the keyboard B) To be adroit with a percussion musical instrument
C) Recall of factual information at one's command D) To carefully note down minute details
 
Answer & Explanation Answer: C) Recall of factual information at one's command

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
match or surpass a person by imitation.

A) parallel B) emulate
C) ditto D) impression
 
Answer & Explanation Answer: B) emulate

Explanation:
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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

The baby looked__________ the toffee with greedy eyes.

A) upon B) into
C) on D) at
 
Answer & Explanation Answer: D) at

Explanation:
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