Questions

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

Which is the form of market where there is lack of competition?

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of thefour alternatives.

One who has witnessed a debate ______ argument between two men _____________ strong intellectually, one of whom is a trained logician and the other lacking this advantage, will never forget the impression produced _________ him by the unequal struggle. The conflict is like that of a ____________ wrestler, untrained in the little tricks and turns of the science, in the various principles of applying force in a certain way at a certain time, at a certain place, with a __________ and experienced wrestler.

impression produced _________ him by the unequal

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The new claim that ______________ out of misplaced confidence that all that is in education can be ______________ is that the ‘per unit cost of outcome’ is lower in private schools. Meaning that even _________ the learning outcomes of private schools are not better _____________ the public schools, the cost _______________ running private schools is much lower.

the cost _______________ running private schools is much lower.

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

India is a country that loves decentralisation and it covers almost every ________________. I will focus ________________ the subject of tyranny. For example, look _______________ our police stations. We ____________________ a Hobbesian sovereign ruling over us. In political ___________________, one has what is called the concept of sovereignty which is discussed in Hobbesian terms.

For example, look _______________ our police stations

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

When I think of my family's history on the land. I experience a pang of regret. Unlike much of the arid West, where the land has gone virtually unchanged for centuries, my place of origin, western Kansas, has been torn up by agriculture. The flat plains, excellent soil, and sparse but just adequate rainfall permitted farming; therefore farming prevailed, and a good 90% of the original sod prairie is gone. The consequence, in human terms, is that our relationship to our place has always felt primarily mercantile. We used the land and denied, or held at bay, its effect on us. Yet from my earliest childhood, when the most of the Kansas prairie was still intact, I 've known that the land also had a romantic quality. I've felt moved by the expanse of it , enthralled by size. I take pride in my identity as a plains daughter.

Which of the following is the most accurate statement of the author's position?

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

We get sleepy and wake up, become hungry and thirsty at certain hours, ____________ force of habit. We form the habit of liking a certain chair, or nook, or corner, or path, or desk, and __________ seek this to the exclusion of all others. We ______________ use a particular pitch of voice and type of enunciation in speaking, and this becomes one of our characteristic marks; or we _________ the habit of using barbarisms or solecisms of language in __________, and these cling to us and become an inseparable part of us later in life.

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

She did not ______ any profits from the investment.