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Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative D) both B & C
 
Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The Mujahideen were fighters in Afghanistan who

A) opposed the British Raj's invasions of Afghanistan B) established a fundamentalist government
C) supported the British Raj's invasions of Afghanistan D) None of the above
 
Answer & Explanation Answer: A) opposed the British Raj's invasions of Afghanistan

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
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0 1405
Q:

Edwin Lemert described primary deviance as

A) Violates a society’s formally enacted criminal law. B) How others respond to the behavior in question.
C) Deviance affirms cultural values and norms, responding to deviance promotes social unity, responding to deviance clarifies moral boundaries. D) A passing episode of deviance that has little effect on the person's self-concept.
 
Answer & Explanation Answer: D) A passing episode of deviance that has little effect on the person's self-concept.

Explanation:

Edwin Lemert described primary deviance as a passing episode of deviance that has little effect on the person's self-concept

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Filed Under: World History
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1 1403
Q:

Who elected as new King of Malaysia?

A) Ibrahim Ismail B) Nazrin Shah
C) Sultan Abdullah D) Ahmad Shah
 
Answer & Explanation Answer: C) Sultan Abdullah

Explanation:

The new King of Malaysia is Sultan Abdullah.

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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1 1401
Q:

What was the final outcome of the vietnam war?

A) North Vietnam defeated south Vietnam B) Saigon renamed as Ho Chi Minh
C) 2 million people were killed D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

0 1399
Q:

In 1537, which English King declared Feb14 of St. Valentine's Day?

A) Henry VIII B) Henry VII
C) Henry V D) Henry VI
 
Answer & Explanation Answer: B) Henry VII

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1398
Q:

The demand curve facing a perfectly competitive firm is

A) Line sloping upwards B) Horizontal line
C) Line sloping downwards D) Vertical line
 
Answer & Explanation Answer: B) Horizontal line

Explanation:

The demand curve facing a perfectly competitive firm is a horizontal straight line equal to the equilibrium price of the entire market because a perfectly competitive firm can sell all units brought to market at the same price.

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Filed Under: Business Awareness
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3 1394
Q:

Mount Damavand is the highest peak in

A) Iraq B) Papua New Guinea
C) Oman D) Iran
 
Answer & Explanation Answer: D) Iran

Explanation:

Mount Damavand is the highest peak in Iran and also a potentially active volcano.

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Filed Under: World Geography
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