MBA-3 Economics

Q-1 DEMAND IS BACK UP BY ADEQUATE………………….
(A) BARGANING POWER (B) PURCASING POWER
(C) DEMAND (D) NONE OF THESE
Q-2 MATCH THE FOLLOWING
(1) PERFECTLY ELASTIC (A) ED= INFINIT
(2) PERFECTLY INELATIC ( B ) ED >1
(3 RELATIVE ELASTIC ( C ED< 1
(4) RELATIVE ELASTIC D ED=1
(5) UNITARY ELASTIC E ED=0

3 HOW -MANY TYPE OF ELATICITY OF DEMAND
(A) ONE (B) TWO (C) THREE (d) FOUR
Q-4 HOWMANY TYPE OF MEASUREMENT OF PRICE ELATICITNDY OF DEMA (A) ONE (B) TWO (C) THREE (d) FOUR
Q-5 FIND THE ND PRICE ELATICITNDY OF DEMAD IF OD =20UNIT N.D =oly60UNIT ORIGNAL PRICE =6 RS NEW PRICE =4.00RS
(A)-8 (b) 6 (c) 9 (D) -6
Q-6 WHEN THE ELASTCITY IS MEASURE OVER AN INTERVAL IS CALLED,…………………….
(A) POINT (B)ARC (C) NONE OF THESE
Q-7 ACCORDING TO LAW DEMANDOTHER THING BEING EQUAL A FALL IN PRICE LEAD TO ………………….IN DEMAND.
(A)EXPANTION (B)CONTRATION (C)CONSTANT (D) VARIABLE
Q-8 WHEN THE SUPPLY INCREASE THE SUPPLY CURVE SHIFT
(A)RIGHT (B)LEFT (C) UPWARD (D)DOWNWARD
Q9 ABSENT OF CHANGE IN MOMENT IS CALLED……………….
(A) EQULIBIRUIM (B)SUPPLY (C) DEMAND (D) NONE OF THESE
Q10 LONG RUN IS PERIODOF TIME WHERE CHANGE IN………………….
(A) FIXED&VARIABLE FACTOR (B)FIXED FACTOR (C)CONSTANT FACTOR
Q-11 SHORT RUN PERIOD IS THE TIME IN WHICH ONLY …………FACTOR CHANGE
(A) FIXED B) VARIABLE C) CONSTANT D)ALL OF THESE
Q-12 3 HOW MANY TYPE OF OF DEMAND FORCASTING
(A) ONE (B) TWO (C) THREE (d) FOUR
Q-13IN WHICH METHOD CONSUMER ARE DIRECTLY CONTACTED.
(A) CONSUMER INTER VIEW (B) DIRECT INTERVIEW (C) ALL OF THESE
Q-14PRODUCTION MEAN …………………OF PHYSICAL INPUT INTOOUT PUT.
TRANSFORMATION B)RELATION A) C) REACTION D) NONE OF THESE
Q-15 HOW -MANY TYPE OF FACTOR OF INPUT
(A) ONE (B) TWO (C) THREE (d) FOUR
Q-16WHEN MARGINAL PRODUCT IS ZERO TOTAL PRODUCT WILL BE……………
A) HIGHEST B) LOW C) CONSTANT D) NONE OF THESE
Q-17 PRODUCTION CREAT ………OR.ENGINNERING
A) TECHNOLOLOGY B) RAW MATERIAL C) TRANSFORMATION D)RELATION
Q-18 TC=TFC+……………
A) A.C B)T.V.C C) NONE OF THESE
Q-19 TVC=TC- …………..
A) A.C B)T.V.C C) NONE OF THESE D)T.F.C
Q20 TOTAL COST INCLUDE…………………PROFIT.
A)NORMAL B)SUPER NORMAL C)NONE OF THESE
Q21- IN THE LONG RUN ALL COST ARE……………….
A) VARIBLE B) FIXED C)CONSTANT D0 NONE OF THESE
Q-22……. =COST PER UNIT*TOAL PRODUCTION
A) A.C B)T.V.C C) NONE OF THESE D)T.C
Q-23 BUSINESS DECISION ARE MADE TO COPE WITH……………………
A A) A.C B)T.V.C C) CHANGES D)T.F.C
Q24 THE FIRM AIMING FOR PROFIT MAXIMIZATION REACH ITS EQUILIBIRIUM ONLYWHEN IT PRODUCE……………………………..
A) TECHNOLOLOGY B) RAW MATERIAL C) TRANSFORMATION D)PROFIT MAXIMIZATION OUT PUT
Q-25SALE MAXIMIZATION MODEL IS ALTERNATIVE FOR………………MODEL.
A) TECHNOLOLOGY B) RAW MATERIAL C) TRANSFORMATION D)PROFIT MAXIMIZATION MODE.
Q26……WORK AS A SHOK ABSORBER
A) A.C B)T.V.C C) NONE OF THESE D)SLACK PAYMENT
Q27………………….IS RELATED TO PRICE AND RESOURSE SIONS.ALLOCATION DECISIONS.
A) A.C B)T.V.C C) MARKET SHARE GOAL D)SLACK PAYMENT.
Q28 IN FULL COST PRICING COST PLUS PRICING=COST+………………….

A) A.C B)FAIR PROFIT C) MARKET SHARE GOAL D)SLACK
Q-29 PERCENTAGE MARK UP=CAPITAL EMPLOYED/TOTAL ANNUAL COST*…………………..
A) A.C B)FAIR PROFIT C) MARKET SHARE GOAL D)PLANNED RATE OF RETURN.
Q30………………….IN WHICH METHOD PRICE IS DETERMINE ON THE BASIS OF MARGINAL COST.
A)MARGINAL PRICING B)CUSTOMARY PRICING C)ADMISTRATIVE D)NONE OF THESE

Q30………………….IN WHICH METHOD PRICE IS DETERMINE BY THE GOVER MENT.
A)MARGINAL PRICING B)CUSTOMARY PRICING C)ADMISTRATIVE D)NONE OF THESE
Q31THE FIRM CAN EARN ONLY NORMAL PROFIT UNDER………………COMPITITION.
A)PERFECT B) IMPERFECT C) CONSTANT D) NONE OF THESE

Q 32 UNDER PERFECT COMPITION DEMAND CURVE IS A ……………..LINE
A) HORIZANTAL B) VERTICAL C)CONSTANT D) none of these
Q33-……………IS A SITUATION IN WHICH THERE ARE FEW LARGE BUYER.
A) MONOPOLY B) MONOPSONY C)OLIGOPOLY D) NONE
Q34 ……………………..COST ARE VERY IMPORTANT IN MONOPOYIST MARKET
A) MONOPOLY B) MONOPSONY C)OLIGOPOLY D) SELLLING
Q35THE FIRM CAN EARN ONLY NORMAL PROFIT UNDER ……………….COMPITITION
A) PERFECT B) IMPERFECT C) OLIGOPOLY D)MONOPoly
Q36-SALE MAXIMIZING OBJECTIVE IS EXPLAIN BY………………………
A)PROF BOMUL B)MARRIES C) CYERT D) NONE OF THESE
Q37 FIND INCOME ELATICITY OF NDEMAND IF
ORIGNIAL DEMAND =400UNIT ORIGNIALINCOME=4000.00
NEW DEMAND =700UNIT NEW INCOME=6000.00
A)1.7 B)1.8 C)1.5 D)1.9
Q-38 FIND ARC ELATICITY OF DEMAND IF ORIGNIAL DEMAND =200UNIT ORIGNIAL PRICE=10.00
NEW DEMAND =300UNIT NEW PRICE=05.00
A)-0.6 B)0.6 C)0.4 D)0.5
Q-WHEN EY>1THEN COMMODITY WILL
A)DAILY USE B) INFERIOR C) SUPRIOR D) NONE
Q40 – WHEN EY=0 THEN COMMODITY WILL BE-

A)DAILY USE B) INFERIOR C) SUPRIOR D) NEUTRAL
Q41 -________________REFERS TO RESPONSINESS OF DEMAND OR SALES
A)ADVERTISENG B)COMMUNICATION C) ELASTICITY D)NONE
Q42.____________REFERS TO AN ESTIMATION OF MOST LIKEKY FUTURE DEMAND FOR A PRODUCT UNDER GIVEN CONDITION.
A)ADVERTISENG B)COMMUNICATION C) ELASTICITY D)DEMAND FORCASTING
Q43.HOW MANY LEVEL OF DEMAND FORCASTING
A) 1 B)2 C)3 D)4
44.HOW MANY TYPESE OF STATICAL METHOD
A) 1 B)2 C)3 D)4
Q45.HOW MANY APPORACHES OF DEMAND FORCASTING FOR NEW PRODUCT
A) 1 B)2 C)5 D)6
Q-46 ……………IS TOTALVOLUME OF COMMODITY
A)SUPPLY B) STOCK C) DEMAND D)NONE
Q47- ……..IS THE TABULAR REPRASENTATION OF DIFFERENT QUANTITY OF COMMODITYSUPPLIED AT VARIOUS PRICE
A)SUPPLY B) STOCK C) DEMAND D)SUPPLY SEHEDULE
Q48………………IS THE GEOMETRIAL REPRESENTATION OF THE SUPPLY SEHDULE
A)SUPPLY CURVE B) STOCK C) DEMAND D)SUPPLY SEHEDULE
Q49-WHEN SUPPLY OF PRODUCT CHANGES ONLY DUE TO CHANGE IN THE PRICE ALONE IT IS CALLED……………AND………………SUPPLY
A)EXPANTION B)CONTRACTION C)DEMAND
Q-50 PERFECTLY INELASTIC SUPPLY IS RELATED TO EY>1 B)EY<1 C) EY=0 D )NONE

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