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

Edit

Question 811

Appeared in Year: 2017

Question MCQ▾

Consider the following diagram with two parallel demand curves AB and CD:

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

Edit

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

Edit

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)

Edit