Economics - Study Mode
[#261] Infrastructural facilities in India do not include
Correct Answer
(B) Insurance
[#262] Match List-I with List-II and select the correct answer List-I List-II a. Adam Smith 1. General Equilibrium b. Micro-Economics 2. Wealth of Nations c. Macro-Economics 3. Partial Equilibrium d. Lord Keynes 4. General Theory of Employment, Interest and Money
Correct Answer
(B) a-2, b-3, c-1, d-4
[#263] Consider the following statements: 1. A profit-maximizing monopolist in different markets will adjust his sales in the two markets to just equal his MC. 2. A profit-maximizing monopolist in separate market will not adjust his sales. 3. A profit-maximizing monopolist in separate markets will adjust his sales. 4. A profit-maximizing firm in separate markets will adjust his sales in each market so that his MR is less than Me.
Correct Answer
(A) 1 and 4
[#264] As per the indifference curve and price line, a consumer will not be in equilibrium when
Correct Answer
(A) The Ratio ratio of marginal utilities of the two goods is equal to the ratio of their respective goods are equal
[#265] The risk posed by drought is-
Correct Answer
(A) Natural