Questions

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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Filed Under: Indian Economy
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Q:

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

A) Rs 52500 B) Rs 127500
C) Rs 180000 D) Rs 60000
 
Answer & Explanation Answer: A) Rs 52500

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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production D) the market value of the annual output net of consumption of fixed capital
 
Answer & Explanation Answer: A) income received by households less personal taxes

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Q:

If Metal A displaces Metal B from its solution, then Metal A ____.

A) is more reactive than B B) is less reactive than B
C) is heavier than B D) has the same reactivity as B
 
Answer & Explanation Answer: A) is more reactive than B

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Filed Under: Chemistry
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Q:

The number of neutrons present in a nitrogen atom is ___.

A) 14 B) 7
C) 11 D) 5
 
Answer & Explanation Answer: B) 7

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Filed Under: Chemistry
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Q:

Which of the following causes damage to bridges, iron railings and all objects made of metals?

A) Reduction B) Rancidity
C) Acidity D) Corrosion
 
Answer & Explanation Answer: D) Corrosion

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Filed Under: Chemistry
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Q:

Which one of the following derives nutrition from plants as a parasite?

A) Malaria Parasite B) Lice
C) Bryophyllum D) Cuscuta
 
Answer & Explanation Answer: D) Cuscuta

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Filed Under: Biology
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Q:

Where in the human body can you find the islets of Langerhans?

A) Small intestine B) Pancreas
C) Stomach D) Heart
 
Answer & Explanation Answer: B) Pancreas

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Filed Under: Biology
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