Q:

The average variable cost curve is ____ shaped.

A) U	B) V
C) X	D) W

Answer & Explanation Answer: A) U

Explanation:

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Q:

What is the pH value of human blood?

A) 8.3	B) 6.8
C) 7.4	D) 6

Answer & Explanation Answer: C) 7.4

Explanation:

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Q:

The most active phagocytic cells among the leukocytes are

A) neutrophils and monocytes	B) monocytes and lymphocytes
C) basophils and eosinophils	D) lymphocytes and neutrophils

Answer & Explanation Answer: A) neutrophils and monocytes

Explanation:

The most active phagocytic cells among the leukocytes (White Blood Cells) are neutrophils and monocytes.

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Q:

Which of the following metals is the most Malleable?

A) Al	B) Zn
C) Na	D) Ag

Answer & Explanation Answer: C) Na

Explanation:

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Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product	B) Law of variable proportions
C) The Short Run	D) The Long Run

Answer & Explanation Answer: B) Law of variable proportions

Explanation:

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Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

Explanation:

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly	B) Oligopoly
C) Perfect competition	D) Marketisation

Answer & Explanation Answer: A) Monopoly

Explanation:

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Q:

Which of the following is the currency of Thailand?

A) Rupee	B) Ringgit
C) Baht	D) Yuan

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