Questions

Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

Explanation:
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Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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Q:

___ is used to control the fission reaction rate in a nuclear reactor as it absorbs neutrons without itself getting into fissioning.

 

A) Heavy water B) Graphite
C) Water D) Calcium
 
Answer & Explanation Answer: D) Calcium

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Q:

Which one of the following is lyophilic colloid?

A) Gold sol B) Smoke
C) Cloud D) Starch aqueous solution
 
Answer & Explanation Answer: D) Starch aqueous solution

Explanation:

Starch aqueous solution is a lyophilic colloidal solution.

 

Lyophilic colloids are liquid loving colloids.  When these colloids are mixed with suitable liquid high force of attraction exists between colloidal particles and liquid.

 

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Q:

The demand for a normal good decreases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

If A is 50% more than B, then B is what percent of A?

A) 66.66 B) 33.33
C) 150 D) 75
 
Answer & Explanation Answer: A) 66.66

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Q:

ΔPQR is right angled at Q. If cosecP = 25/24, then what is the value of cotR ?

A) 25/7 B) 24/25
C) 7/24 D) 24/7
 
Answer & Explanation Answer: D) 24/7

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Q:

If cos(A-B) - cos(A+B) = x, then the value of x is

A) 2sinAsinB B) 2cosAcosB
C) 2cosAsinB D) 2sinAcosB
 
Answer & Explanation Answer: A) 2sinAsinB

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