Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs	B) price = average profit
C) price = marginal costs = minimum average total costs	D) price = minimum average variable costs

Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1026

Q:

__________ is defined as the output per unit of variable input

A) Marginal product	B) Production function
C) Total product	D) Average product

Answer & Explanation Answer: D) Average product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Non-metallic character increases from ____.

A) Magnesium to Barium	B) Potassium to Caesium
C) Oxygen to Selenium	D) Sodium to Chlorine

Answer & Explanation Answer: D) Sodium to Chlorine

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Filed Under: Chemistry
Exam Prep: Bank Exams

0 1026

Q:

In which of the following case, law of demand fails?

A) Giffen goods	B) Normal goods
C) Inferior goods	D) Both Giffen and Inferior goods

Answer & Explanation Answer: A) Giffen goods

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Filed Under: Indian Economy

0 1025

Q:

In perfect competition _____.

A) Products can be similar or different	B) Producer can control price by controlling production
C) Demand curve is perfectly elastic	D) All firms make economic profit in the long run

Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

_____ are a group of chemicals that influence cell division and shoot formation.

A) Cytokinins	B) Gibberellins
C) Domins	D) Auxins

Answer & Explanation Answer: A) Cytokinins

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Filed Under: Biology
Exam Prep: Bank Exams

4 1025

Q:

Human blood platelets releases ___ which helps in clotting of blood.

A) Prothrombin	B) Fibrin
C) Fructose	D) Sucrose

Answer & Explanation Answer: A) Prothrombin

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

0 1025

Q:

Prague is the Capital City of _____.

A) Saudi Arabia	B) North Korea
C) Czech Republic	D) Trinidad and Tobago

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