NTA-NET (UGC-NET) Commerce (08): Questions 810 - 813 of 3802
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Question 810
Appeared in Year: 2017
Question MCQ▾
Which of the following is not true for perfect competition? (November Paper II)
Choices
Choice (4) | Response | |
---|---|---|
a. | Firms earn normal profits | |
b. | Price = LAC | |
c. | In the long run firms operate at the minimum point of average cost | |
d. | Market demand curve for a commodity is horizontal to X-axis |
Question 811
Appeared in Year: 2017
Question MCQ▾
Consider the following diagram with two parallel demand curves AB and CD:
The price elasticity of demand at: (November Paper II)
Choices
Choice (4) | Response | |
---|---|---|
a. | Points R and S is infinity | |
b. | Point R is less than that at point S | |
c. | Points R and S is equal | |
d. | Point R is greater than that at point S |
Question 812
Appeared in Year: 2017
Question MCQ▾
Hedging in the foreign exchange market refers to: (November Paper-III)
Choices
Choice (4) | Response | |
---|---|---|
a. | Not covering a risk of fluctuations in the foreign exchange rates in future | |
b. | Covering a risk of fluctuations in the foreign exchange rates in future | |
c. | An act of revaluation | |
d. | An act of devaluation |
Question 813
Appeared in Year: 2017
Question MCQ▾
Core inflation has been described as: (November Paper-III)
Choices
Choice (4) | Response | |
---|---|---|
a. | Headline inflation food inflation | |
b. | Headline inflation fuel inflation | |
c. | Food inflation Fuel inflation | |
d. | Headline inflation (food inflation fuel inflation) |