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Q:

In terms of economics, if it is possible to make someone better­off without making someone worse­off, then the situation is

A) Inefficient B) Efficient
C) Optimal D) Pareto­superior
 
Answer & Explanation Answer: D) Pareto­superior

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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:

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:

Acacia arabica is the scientific name of

A) Neem B) Teak
C) Babhul D) Pomegranate
 
Answer & Explanation Answer: C) Babhul

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Filed Under: Biology
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Q:

The formed elements in the blood are

A) Erythrocytes B) Leucocytes
C) Thrombocytes D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

The formed elements are so named because they are enclosed in a plasma membrane and have a definite structure and shape.

 

The formed elements in the blood are Erythrocytes (RBC's), Leukocytes (WBC's) and Thrombocytes (Platelets).

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Q:

India-born Satya Nadella is the Chief Executive Officer (CEO) of which of the following companies?

A) Dell B) Amazon
C) Microsoft D) Google
 
Answer & Explanation Answer: C) Microsoft

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Q:

Which of the following increased in the 1920's?

A) Farmers' debt B) Domestic demand for U.S. farm products
C) Prices for farm productsc) D) Foreign demand for U.S. farm products
 
Answer & Explanation Answer: A) Farmers' debt

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