Top 50+ Solved Mathematical Tools for Economics 2 MCQ Questions Answer

a. 50

b. 25

c. 75

d. 100

a. price

b. revenue

c. quantity

d. none of these

a. land

b. organisation

c. both a and b

d. none of these

a. total cost

b. average cost

c. marginal cost

d. none of these

a. dc/dq

b. f\(q)

c. both a and b

d. none of these

a. average cost

b. marginal cost

c. total variable cost

d. none

a. total cost

b. average cost

c. marginal cost

d. none of these

a. less than 1

b. more than 1

c. equal to 1

d. zero

a. symmetrical

b. asymmetrical

c. both a and b

d. none

a. price inelastic

b. price elastic

c. both a and b

d. none

a. low

b. moderate

c. high

d. optimum

a. negative

b. perfect

c. positive

d. none

a. positive

b. negative

c. perfect

d. none

a. unitary price elasticity

b. inelastic price elasticity

c. elastic price elasticity

d. none

a. first

b. second

c. third

d. fourth