Question forty eight. On which assumption, legislation away from also provide would depend ? (a) There has to be no improvement in money amounts of buyers and you may sellers in the industry. (b) Cost from activities regarding development remain secure (c) Technical top stays ongoing (d) All of the a lot more than

Concern fifty. The reason out of reduction of supply is actually: (a) Upsurge in Production Costs (b) Escalation in Price of Substitutes (c) Fall-in amount of Firms in the market (d) All significantly more than

Matter 52. The total amount of a merchandise that the merchant is ready to promote on the market at the repaired rates and you can time is named ? (a) Supply (b) Consult (c) Flexibility out of also provide (d) Flexibility regarding Request

Question 54. Determinating factor out-of source of products is actually: (a) Cost of Items (b) Price of Related Items (c) Price of Foundation from Development (d) Every more than

Matter 55. And therefore of one’s following the report holds true ? (a) Rate and amounts enjoys direct relationships (b) Also provide curve rises from kept so you can proper (c) Likewise have is actually influenced by of many items (d) Most of the above

Question 56. And therefore of one’s following form suggests the fresh new statutes off have ? (a) S = f(P) (b) S = f(a/p) (c) S = f(Q) (d) Nothing of a lot more than

Question 58. Which of the following is correct ? (a) Perfectly Elastic Supply e_s = ? (b) High Elastic Supply e_s > 1 (c) Perfectly Inelastic Supply e_s = 0 (d) All the above

Question 59. e_s = 0 means that elasticity of supply is: (a) Perfectly Elastic Supply (b) Perfectly Inelastic Supply (c) Less Elastic Supply (d) Unit Elastic Supply

Matter sixty. In case your cost of merchandise increases by 60% however, likewise have develops by just 5%, the supply of products could well be: (a) Extremely Flexible (b) Elastic (c) Inelastic (d) Really well Inelastic

Question 62. Whenever likewise have increases a lot more having due to short boost in rates, the kind off supply could be : (a) Flexible (b) Inelastic (c) Well Elastic (d) Perfectly Inelastic

Concern 63. If proportionate improvement in the supply of products is more as compared to proportionate improvement in their rate, brand new elasticity out-of also have is: (a) Less than Tool (b) Equivalent to Equipment (c) More than Device (d) Infinite

Concern 64. In the event the price of items rises by sixty% and provide develops of the simply 5%, the production of goods might possibly be : (a) Extremely Flexible (b) Elastic (c) Inelastic (d) Really well Inelastic

Question 65. The measurement of the elasticity of supply is expressed as: (a) \(\frac < ?Q_s/Q_s>< ?P/P>\) (b) \(\frac < Q_s>< ?P>\).\(\frac < 1>< P>\) (c) \(\frac < Q_s>< Q_s>\).?Y (d) \(\frac < ?P>< Q_s>\).\(\frac < P>< ?Q_s>\)

Matter 67. Fixed cost is additionally called: (a) Changeable cost (b) Real prices (c) Second prices (d) Short-identity costs

Likewise have are on the: (a) A period of (b) Rates (c) Both (a) and you can (b) koko app log in (d) Not one of your more than

Question 68. Have drops on a single rate whenever: (a) Where there clearly was reduced total of also have (b) If there is contraction in likewise have (c) When have develops (d) When there is extension within the have.

Question 70. Regarding the quick-run following the things are part of the process of design: (a) Fixed activities (b) Changeable circumstances (c) One another (a) and you will (b) (d) None of them.

Matter 23. What is an opportunity pricing ? (a) The contrary foregon (b) A chance destroyed (c) Import money (d) Many of these

The fresh new flexibility regarding a straight line supply contour from brand new heart out of supply is actually: (a) Below unity, (b) more than unity (c) equivalent to unity (d) equal to no

Question 47. For a firm’s equilibrium: (a) MR = MC (b) MR > MC (c) MR < MC (d) MR = MC = 0