AP (Advanced Placement) Microeconomics: Questions 129 - 132 of 398

Access detailed explanations (illustrated with images and videos) to 398 questions. Access all new questions- tracking exam pattern and syllabus. View the complete topic-wise distribution of questions. Unlimited Access, Unlimited Time, on Unlimited Devices!

View Sample Explanation or View Features.

Rs. 250.00 -OR-

How to register? Already Subscribed?

Question 129

Appeared in Year: 2017 (NET)

Question

MCQ▾

For a Demand Function the price elasticity of demand at is: (November Paper III)

Choices

Choice (5)Response

a.

b.

c.

d.

e.

All of the above

Question 130

Appeared in Year: 2017 (NET)

Question

MCQ▾

Which of the following statements about Pareto Optimum are correct? (November Paper-III)

(a) It changes with changes in the distribution of income

(b) At the Pareto optimum, MRS in consumption in production

(c) It is not unique

(d) It is obtained under perfect competition

Choices

Choice (5)Response

a.

(a) , (b) and (d)

b.

(a) and (b)

c.

(b) and (c)

d.

(a) , (c) and (d)

e.

Question does not provide sufficient data or is vague

Question 131

Appeared in Year: 2017 (NET)

Question

MCQ▾

A firm in monopolistic competition advertises in order to: (November Paper II)

Choices

Choice (5)Response

a.

Shift the demand curve for its product to the left

b.

Make the demand for its product less price elastic

c.

Reduce the industry՚s price

d.

Make its product more similar to its competitors՚

e.

None of the above

Question 132

Appeared in Year: 2017 (NET)

Question

MCQ▾

Arrange the following grouping of the nations from lower to higher order of integration.

  1. F. T. A
  2. Economic Union
  3. Common Market
  4. Custom Union

Choose the correct answer from the code given below: (November Paper II)

Choices

Choice (5)Response

a.

(2) , (3) , (4) , (1)

b.

(2) , (1) , (4) , (3)

c.

(1) , (3) , (2) , (4)

d.

(1) , (4) , (3) , (2)

e.

Question does not provide sufficient data or is vague

Developed by: