F.Y.B.Com Semester II Business Economics II Q.4 Discuss the long run equilibrium of the firm under perfect competition. ANS: The long run is a period of time which is sufficiently long to allow the firms to make changes in all factors of production. Therefore, it is said that in the [...]
F.Y.B.COM. SEMESTER – II BUSINESS ECONOMICS – II Q.2 Explain how a firm gets profit maximisation under perfect competition. ANS: Profit is the main objective of any firm into business. Each and every firm tries to makes maximum possible profit into the business. Firm earns profit when Total revenue which [...]
1. The monopoly firm faces a _____ demand curve. a. veritcle b. Upward slopping c. Kinked d. downward sloping ANS: D 2. An _____ firm [...]
FYBCOM – BUSINESS ECONOMICS EXAM SEN 1. MCQ QUESTION BANK 1. The monopoly firm faces a _____ demand curve. a. veritcle b. Upward slopping c. Kinked d. downward sloping [...]
Mumbai University IDOL M.Com Part 1 Economics MCQ Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1. To promote and sustain mutual trade and cooperation among member countries is the main objective of _ A. SAQTA SAQTA B. SAPTA SAPTA C. SALTA SALTA D. SAMTA SAMTA ANS: B 2. Protection Policy includes __ A. only [...]
Mumbai University IDOL M.Com Part 1 Economics MCQ Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1. international monetary funds has succeeded in resolving the issue of _ by establishing special drawing rights A. International debt B. international liquidity C. internal problems D. internal trade ANS: B 2. Keynes multiplier depends upon. A. [...]
M.com part 1 economics mcq pdf with answers mumbai university M.Com Part 1 Economics MCQ Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1 A tax is shifted ___________ to producers if the supply is inelastic relative to demand. A. backward B. steeper C. forward D. upward ANS: A 2 Price ceiling is a [...]
Business Economics F.Y.B.com sem 1 1. The market demand schedule shows an _____ relationship between price and demand. a. direct b. No c. inverse d. none of these [...]
Mumbai University IDOL M.Com Part 1 Economics MCQ Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1 A tax is shifted ___________ to producers if the supply is inelastic relative to demand. A. backward B. steeper C. forward D. upward ANS: A 2 Price ceiling is a legal __________on the price at which a [...]
FYBCOM – BUSINESS ECONOMICS MCQ QUESTION BANK FOR PRACTICE 1………..is characteristic of perfect competition. A. Single seller B. Selling cost C. Kinked demand curve D. Perfect information ANS: D 2. Under perfect competition firm is———— A. Price maker B. Price taker C. Product differentiated D. Price [...]