Questions

Read each sentence to find out whether there is an error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer will be “No Error”.

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

_______ is issued when the court finds that a particular office holder is not doing legal duty and thereby is infringing on the right of an individual.

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

P: The incidence and severity of Type B malnutrition will be shown to be worse if newer micronutrient groups such as the essential fatty acids, xanthophylls and flavonoids are included in the surveys.
Q: Commonly ingested levels of these micronutrients seem to be far too low in many developed countries.
R: Many national surveys reveal that malnutrition is common in developed countries.
S: This is not the calorie and/or micronutrient deficiency associated with developing nations (Type A malnutrition); but multiple micronutrient depletion, usually  combined with calorific balance or excess (Type B malnutrition).

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 byselecting the appropriate option.

Being linked with nature brings joy and peace as it is the ______ of the laws of Nature.

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.