Questions

Q:

Consumer surplus arises in a market because

A) some consumers are willing to pay more than the equilibrium price but do not need to do so B) some consumers are willing to pay less than the equilibrium price but do not need to do so
C) at market price, the quantity demanded is less than the quantity supplied D) at market price, the quantity demanded is greater than the quantity supplied
 
Answer & Explanation Answer: A) some consumers are willing to pay more than the equilibrium price but do not need to do so

Explanation:
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Filed Under: Indian Economy
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Q:

Supply curves tend to be

A) more elastic in the long run, because there is time for firms to enter or leave the industry. B) less elastic in the long run, because there is time for firms to enter or leave an industry.
C) perfectly elastic in the long run, because consumer demand will have sufficient time to adjust fully to changes in supply. B. D) None of the above
 
Answer & Explanation Answer: A) more elastic in the long run, because there is time for firms to enter or leave the industry.

Explanation:

Supply curves tend to be more elastic in the long run, because there is time for firms to enter or leave the industry.

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Nefarious

A) Iniquitous B) Purposeful
C) Suspicious D) Virtuous
 
Answer & Explanation Answer: A) Iniquitous

Explanation:
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Filed Under: English
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Q:

Select the word with the correct spelling.

A) rocketted B) bienial
C) actuator D) statuory
 
Answer & Explanation Answer: C) actuator

Explanation:
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Filed Under: English
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Q:

All of the following are polysaccharides except

A) Chitin B) Lactose
C) Glycogen D) Cellulose
 
Answer & Explanation Answer: B) Lactose

Explanation:
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Filed Under: Biology
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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.
 
She does not agree, and ______ does Anita

A)

also

B)

even

C)

neither

D)

so

 
Answer & Explanation Answer: C)

neither



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Filed Under: English
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Q:

Operational excellence refers to companies that

A) are expensive but is expected to pay off in long-term loyalty and enhanced customer lifetime value B) are willing to tailor their products to particular customer needs
C) are good at production, delivery, price, and convenience D) pride themselves on quality and innovation
 
Answer & Explanation Answer: C) are good at production, delivery, price, and convenience

Explanation:

Operational excellence refers to companies that are good at production, delivery, price, and convenience.

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Filed Under: General Awareness
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Q:

Molten rock inside the earth is called

A) Mantle B) Core
C) Magma D) Lava
 
Answer & Explanation Answer: C) Magma

Explanation:

Molten rock inside the earth is called Magma.

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Filed Under: General Science
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