Multiple Choice Questions (MCQs)
Periods of economic expansion and contraction in an economy is named as:
Tax rates are determined by the government in:
The total cost (TC) function is given as: TC = 200 + 80Q. What is the variable cost?
The Isoquants have a shape of curvature for the inputs which are:
Consider the following equation of time series data: Yt = f (Tt, Ct, St, Rt) ________ shows trend component at time t.
Two products are said to be substitutes if cross price elasticity of demand between these two products is:
Y = a + bX + e In this regression equation, "X" is:
Which of the following shows accounting profit of the firm?
When price of any commodity decreases, consumer’s purchasing power increases. This is known as:
A function that relates inputs with outputs is called:
Which of the following is (are) the assumption of regression analysis?
The quantity of a good or service that producers are willing and able to sell during a certain period of time is known as:
Both moving average and exponential techniques require:
To avoid the problem of bandwagon effect, ___________ method of forecasting is used.
Which of the following statements is TRUE?
Which of the following is based on the data and equation?
Given the Cobb Douglas production function: Q = A La Kb There will be constant returns to scale if:
Fluctuations should be random. It is the requirement of which of the following technique(s)?
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