21.
In perfect competition in the short run there will be ..................possibilities
A
Normal profits
B
Supernormal profits
C
Loss
D
All of above
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In perfect competition in the short run there will be ..................possibilities
Normal profits
Supernormal profits
Loss
All of above
In tabulation source of data if any is shown in the
Footnote
Body
Stub
Caption
Internal economies of scale are noticed at
Firm level independent of industry
Industry level independent of Firm
At both firm & industry level
nowhere
Law of Variable proportions passes from
2 stages
4 stages
1 stage
3 stages
Literacy rate calculated considering total population into account is known as
Crude Literacy Rate
Total Literacy Rate
Mean Literacy Rate
None
Market structure where goods have close substitutes is best described as
Perfectly competitive
Monopolistic
Monopolistically competitive
None of above
median of a distribution can be obtained from
Frequency Polygon
Histogram
Less than type ogives
None
Nearly ............percent of working population is engaged in the service sector
23 percent
45 percent
80 percent
50 percent
Pie diagram is based on a
Circle
Rectangle
Triangle
none
Price discrimination implies that the monopolist maximizes profits
None of Below
By implementing arbitrage
By Charging single price
By prohibiting Arbitrage
Relative frequency for a Particular class
Lies between 0 & 1
Lies between O & 1, both inclusive
Lies between -1 & 0
Lies between -1 & 1
Slope of AR curve in the context of monopolistic competition is
Perfectly elastic
Relatively elastic
Unitary elastic
Relatively inelastic
Some believe that statistics originated from a German word ........
Statista
Statistik
Status
none
Statistics is applied in
Economics
Business Management
Commerce & Industry
All of these
stub Of a table is
Left part of the table describing the Columns
Right part of the table describing the Column
Right part of table describing rows
Left past of the table describing the rows
The 3rd Five Year Plan duration covered the period
1951-56
1961-66
1947-52
None of above
The amount of non responses is maximum in
mailed Questionnaire method
Interview method
Observation method
All of these
The best method to collect the data in case of natural Calamity, is
Personal Interview
Indirect Interview
Questionnaire Method
none
The data collected on the height of group of students after recording their heights with a measuring tape are
Primary data
Secondary data
Discrete data
continuous data
The entire upper part of the table is known as
caption
stub
Box head
Body