Questions

Q:

Which of the following is an example of market failure?

A) Prices do not reflect the full social cost of production B) A firm goes out of business because it cannot find a market for its products
C) Prices rise so that the consumers cannot afford the products they want to buy D) Producer surplus is maximized
 
Answer & Explanation Answer: A) Prices do not reflect the full social cost of production

Explanation:

Prices do not reflect the full social cost of production is an example of Market failure.

 

A market failure occurs when the supply of a good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants.

It also occurs if externalities are not accounted for.

If a firm fails to maximize its profits this is not a general market failure.

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Filed Under: Marketing and Sales
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

The Waterfall with the greatest meterage in the fall is 

A) The Jog Falls, India B) The Victoria Falls, Africa
C) The Niagara Falls, N America D) The Salto Angel Falls, S America
 
Answer & Explanation Answer: D) The Salto Angel Falls, S America

Explanation:

The greatest single drop of the waterfall, Salto Angel of Venezuela, measures 807m and the width at the base is about 150 m. From top to bottom the Angel falls measures 979 m - almost 1 km.

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Filed Under: World Geography

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Q:

Who was the last Emperor of Rome ?

A) Nero B) Ceaser
C) Romulus Augustulus D) Julius
 
Answer & Explanation Answer: C) Romulus Augustulus

Explanation:
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Filed Under: World History

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Q:

The production possibilities curve illustrates the basic principle that

A) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced. B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically obtain full employment of its resources. D) an economy's capacity to produce increases in proportion to its population size.
 
Answer & Explanation Answer: A) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

Explanation:

A graph that describes the maximum amount of one good that can be produced for every possible level of production of the other good is nothing but a production possibilities curve.

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Filed Under: Indian Economy
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Q:

Which two atoms form an ionic bond?

Answer

Ionic bonding is a type of chemical bond in which valence electrons are lost from one atom and gained by another.. This bond generates two oppositely charged ions.


In ionic bonds, the metal loses electrons to become a positively charged cation, whereas the nonmetal accepts those electrons to become a negatively charged anion.


 


Example ::


One example of an ionic bond is the formation of sodium fluoride, NaF, from a sodium atom and a fluorine atom. In this reaction, the sodium atom loses its single valence electron to the fluorine atom, which has just enough space to accept it. The ions produced are oppositely charged and are attracted to one another due to electrostatic forces.

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Subject: Chemistry Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

What is autonomous system?

Answer

It is a collection of routers under the control of a single administrative authority and that uses a common Interior Gateway Protocol

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Subject: Networking
Job Role: Network Engineer

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Q:

Limbs of frog, lizard, bird and human are example of ______ organs.

A) Homogenous B) Heterogeneous
C) Analogous D) Homologous
 
Answer & Explanation Answer: D) Homologous

Explanation:
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Filed Under: Biology

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Q:

I jump when i walk and sit when i stand, who am I?

Answer

Kangaroo.

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