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Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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Q:

Which of the following is a good source of Vitamin A?

A) Cabbage B) Carrot
C) Regular Potato D) Strawberry
 
Answer & Explanation Answer: B) Carrot

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Q:

The egg is carried from the ovary to the womb through

A) the uterus B) the vas deferens
C) the oviduct D) the cervix
 
Answer & Explanation Answer: C) the oviduct

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Q:

The __________ exchange rate is the price of one unit of foreign currency in terms of domestic currency.

A) Artificial B) Nominal
C) Fixed D) Real
 
Answer & Explanation Answer: B) Nominal

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Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.  B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions. D) the extent to which a market is competitive. 
 
Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Q:

Ice floats on water because its density is

A) more than water B) zero
C) less than water D) same as water
 
Answer & Explanation Answer: C) less than water

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Filed Under: Chemistry
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Q:

The number of valence electrons in an atom of Phosphorous is

A) 4 B) 3
C) 2 D) 5
 
Answer & Explanation Answer: D) 5

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Q:

A solar eclipse occurs when

A) moon comes in the middle of sun and earth B) sun comes in the middle of moon and earth
C) earth comes in the middle of moon and sun D) All of the above
 
Answer & Explanation Answer: A) moon comes in the middle of sun and earth

Explanation:

A solar eclipse happens when the moon gets in the way of the sun's light and casts its shadow on Earth. Solar eclipses happen when the New Moon comes between the Sun and Earth and blocks out the Sun's rays.

 

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