CA-CPT Question Paper December - 2013(Session 2) - CA Foundation MCQ

When total utility is increases at a diminishing rate, then marginal utility is ______

The cross elasticity of demand between two perfect substitutes will be

The shape of IC for complementary goods is

Kinked demand curve is related to

In long-run a monopolist always earn ___profits

The concept ‘Returns to scale’ is related with _

A Higher IC shows ______

Positive science only explains _____

In a Cobb – Douglas production function, two inputs are ____

From which of the following the concept of consumer’s surplus has been derived

The Price line / Budget line of a consumer is

The Demand for factors of production is ___Demand

Production function is

Which statement among below is correct in reference to AFC?

Innovation theory of entrepreneur is propounded by

If a seller obtains Rs.3,000 after selling 50 units and Rs.3,100 after selling 52 units then MR will be

The Price of a tiffin box is Rs. 100 per unit andt he quantity demanded in a market is 1,25,000 units . Company increased the price to Rs.125 per unit due to this increase in price quantity demanded decreases to 1,00,000 units. what will be price elasticity of demand ______

Economics which is concerned with welfare propositions is called.

Under which of the following forms of market structure does a firm has very considerable control over the price of its product?

The price of a commodity decreases from 10 to 8 and the quantity demanded of it increases from 25 to 30 units .Then the coefficient of price elasticity will be _____

In which among the following systems the“Right to property” exists

Objectives of price discrimination in international market is

What is the elasticity between midpoint & upper extreme point of a straight line continuous demand curve?

Who is responsible for collecting & presenting statistics in India

Value added method is used to measure__

Bad and doubtful debts of scheduled commercial banks are known as___

Direct taxes are___ in nature