Questions

Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: B) Production function

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Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100 B) 62.5
C) 167 D) 250
 
Answer & Explanation Answer: D) 250

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Q:

The auxiliary buds _____.

A) grow endogenously from the pericycle B) arise endogenously from the main growing point
C) is an embryonic shoot located in the axil of a leaf D) arise exogenously from the epidermis
 
Answer & Explanation Answer: C) is an embryonic shoot located in the axil of a leaf

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Q:

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

A) Beneficial B) Dangerous
C) Innocuous D) Advantageous
 
Answer & Explanation Answer: B) Dangerous

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Q:

There are 15 protons and 22 neutrons in the nucleus of an element. What is its mass number?

A) 22 B) 7
C) 37 D) 15
 
Answer & Explanation Answer: C) 37

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Q:

The maximum number of electrons that can be accommodated in M shell is

A) 8 B) 2
C) 18 D) 32
 
Answer & Explanation Answer: C) 18

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