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Q:

Which of the following is an example of market failure?

A) Prices do not reflect the full social cost of production B) A firm goes out of business because it cannot find a market for its products
C) Prices rise so that the consumers cannot afford the products they want to buy D) Producer surplus is maximized
 
Answer & Explanation Answer: A) Prices do not reflect the full social cost of production

Explanation:

Prices do not reflect the full social cost of production is an example of Market failure.

 

A market failure occurs when the supply of a good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants.

It also occurs if externalities are not accounted for.

If a firm fails to maximize its profits this is not a general market failure.

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Filed Under: Marketing and Sales
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 2422
Q:

Trishna gas project, which is in news recently, is located in which state?

A) Tripura B) Maharashtra
C) Madhya Pradesh D) Uttar Pradesh
 
Answer & Explanation Answer: A) Tripura

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

1 2422
Q:

Who is the present Secretary General of the ASEN group ?

Answer

Le Luong Minh

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Subject: General Awareness

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Q:

Cybercards are most useful for

A) writing to-do lists B) creating new inventions
C) keeping a personal diary D) tracking Internet-based research
 
Answer & Explanation Answer: D) tracking Internet-based research

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

2 2419
Q:

The more you take the more you leave behind. What is it?

Answer

Footsteps. 


Yes, as you walk forward, you will leave the footstep behind you.

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Subject: Word Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

8 2419
Q:

Explain the concept of the Distributed systems?

Answer

Distributed systems work in a network. They can share the network resources,communicate with each other.

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Subject: Operating Systems

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Q:

The World's largest reserves of petroleum are located in

A) The USA B) Russia
C) Saudi Arabia D) Kuwait
 
Answer & Explanation Answer: C) Saudi Arabia

Explanation:

Nearly 15% of the petroleum reserves are found in Soudi Arabia

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Filed Under: World Geography

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Q:

Which transistor is used in each cell of EPROM?

Answer

Floating gate avalanche injection MOS (FAMOS) transistor is used in each cell of EPROM.

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Subject: Hardware

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