AP (Advanced Placement) Microeconomics: Questions 71 - 75 of 456
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Question 71
Appeared in Year: 2015
Question MCQ▾
14th finance commission recommended funds as: (June)
Choices
Choice (5) | Response | |
---|---|---|
a. | States contribution to centre | |
b. | States development funds | |
c. | States share in sales taxes | |
d. | Central assistance to states (CAS) | |
e. | None of the above |
Question 72
Appeared in Year: 2016
Question MCQ▾
In the following Cobb-Douglas production function , then the share of labour would be (Paper III)
Choices
Choice (5) | Response | |
---|---|---|
a. | α | |
b. | ||
c. | ||
d. | ||
e. | None of the above |
Question 73
Appeared in Year: 2016
Question MCQ▾
Which of the following statement (s) is/are true for the gravity model to explain trade?
I. It is used in the bilateral context.
II. It was developed by Jan Tinbergen in 1962.
III. It takes into account the distance among the trading nations.
Select the correct answer from the code below: (Paper III)
Choices
Choice (5) | Response | |
---|---|---|
a. | I, II and III | |
b. | II and III are true. | |
c. | Only II is true. | |
d. | Only I and III are true. | |
e. | None of the above |
Question 74
Appeared in Year: 2016
Question MCQ▾
For demand fuction , what is consumer՚s surplus at ? (Paper III)
Choices
Choice (5) | Response | |
---|---|---|
a. | ||
b. | ||
c. | ||
d. | 6 | |
e. | All of the above |
Question 75
Appeared in Year: 2016
Question MCQ▾
Logical extension of Cournot model is (Paper III)
Choices
Choice (5) | Response | |
---|---|---|
a. | Sweezy model | |
b. | Bertrand model | |
c. | Stackelberg model | |
d. | None of the above | |
e. | Question does not provide sufficient data or is vague |