Questions

Q:

In economics, if a good is inelastic,

A) its supply or demand is not sensitive to price changes. B) consumers have lost an interest in purchasing it.
C) producers have lost an interest in manufacturing it. D) its supply or demand is too sensitive to price changes.
 
Answer & Explanation Answer: A) its supply or demand is not sensitive to price changes.

Explanation:

If the percent change in quantity demanded is less than the percent change in price, economists label the demand for the good as inelastic.

A good that is inelastic does not have very stretchy demand. In economic terms, the quantity demanded does not change a lot when the price changes.

 

So, if the price of a good increases by 10 percent and the quantity demanded decreases by only 5 percent or less than 10, that good is said to have inelastic demand.

 

Hence, in this case, consumers are not considered very sensitive, or responsive, to a change in the price of that good.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

2 2990
Q:

The right ventricle transports oxygenated blood to the lungs.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

The right ventricle transports deoxygenated blood to the lungs, where the oxygenation takes place.


Hence, the given statement is FALSE.

Report Error

View Answer Workspace Report Error Discuss

Subject: Biology
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk

2 2989
Q:

The state which topped in creation of new jobs during the six years between 2004 and 2011 as per the latest NSSO data?

Answer

West Bengal

Report Error

View answer Workspace Report Error Discuss

0 2989
Q:

Foliated rocks are distinguished by

A) layers B) minerals
C) colors D) names
 
Answer & Explanation Answer: A) layers

Explanation:

Foliated rocks are distinguished by layers.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 2989
Q:

Which is the best definition of activation energy?

A) the energy required to break the bonds of reactant molecules B) the energy required to end a chemical reaction
C) the energy required to bind a substrate to an active site D) the energy required to re-form bonds in product molecules
 
Answer & Explanation Answer: A) the energy required to break the bonds of reactant molecules

Explanation:

Activation energy is a minimum amount of energy that required for the chemical reaction to happen or to take place.

Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , GATE
Job Role: Analyst , Bank Clerk , Bank PO

1 2988
Q:

Glass is a.........mixture of metallic...........

A) homogenous, sulphates B) homogenous, silicates
C) heterogenous, carbonates D) heterogenous, nitrates
 
Answer & Explanation Answer: B) homogenous, silicates

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Chemistry

0 2987
Q:

Tensional forces normally cause which one of the following?

A) normal faults B) strike-slip faults
C) thrust faults D) reverse faults
 
Answer & Explanation Answer: A) normal faults

Explanation:

Tensional forces normally cause normal faults.

Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

2 2986
Q:

The current infection control guidelines from the CDC are called

Answer

The current infection control guidelines from the CDC (The Centers for Disease Control and Prevention) are called Standard or Universal Precautions.

Report Error

View answer Workspace Report Error Discuss

Subject: General Science Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk

2 2986