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Test: Theory Of Supply- 2


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15 Questions MCQ Test | Test: Theory Of Supply- 2

Test: Theory Of Supply- 2 for CA Foundation 2022 is part of CA Foundation preparation. The Test: Theory Of Supply- 2 questions and answers have been prepared according to the CA Foundation exam syllabus.The Test: Theory Of Supply- 2 MCQs are made for CA Foundation 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Theory Of Supply- 2 below.
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Test: Theory Of Supply- 2 - Question 1

 

Price of a product falls by 10% and its demand rises by 30%. The elasticity of demand is:

Test: Theory Of Supply- 2 - Question 2

If the supply of a commodity is perfectly elastic, an increase in demand will result in:

Test: Theory Of Supply- 2 - Question 3

Which of the following is released during photosynthesis? 

Detailed Solution for Test: Theory Of Supply- 2 - Question 3

Photosynthesis is the process by which plants, some bacteria and some protistans use the energy from sunlight to produce glucose from carbon dioxide and water. This glucose can be converted into pyruvate which releases adenosine triphosphate (ATP) by cellular respiration. Oxygen is also formed.

Test: Theory Of Supply- 2 - Question 4

Price of a product falls by 10% and its demand rises by 30%. The elasticity of demand is:

Test: Theory Of Supply- 2 - Question 5

 Full form of ATP is 

Test: Theory Of Supply- 2 - Question 6

 Photosynthesis occurs in plant because 

Test: Theory Of Supply- 2 - Question 7

In anaerobic respiration, pyruvic acid in the muscles form 

Detailed Solution for Test: Theory Of Supply- 2 - Question 7

The production of ATP without the use of oxygen is called anaerobic respiration, and, because no oxygen is used during the various metabolic steps of this pathway, glycolysis is called an anaerobic process. During anaerobic respiration, pyruvic acid is converted to lactic acid.

Test: Theory Of Supply- 2 - Question 8

 During photosynthesis, the oxygen in glucose comes from 

Detailed Solution for Test: Theory Of Supply- 2 - Question 8

This chemical energy is stored incarbohydrate molecules, such assugars, which are synthesized fromcarbon dioxideandwater– hence the name photosynthesis. The oxygen part of the glucose formed comes from carbon dioxide.

Test: Theory Of Supply- 2 - Question 9

Photoautotrophs traps energy from light with the help of 

Test: Theory Of Supply- 2 - Question 10

Lactic acid accumulation leads to 

Detailed Solution for Test: Theory Of Supply- 2 - Question 10

A temporary buildup of lactic acid can be caused by vigorous exercise if your body doesn't have enough available oxygen to break down glucose in the blood. This can cause a burning feeling in the muscle groups you're using. It can also cause nausea and weakness.

Test: Theory Of Supply- 2 - Question 11

Emulsification is a process of 

Test: Theory Of Supply- 2 - Question 12

 Carbon dioxide and water released during respiration combine to form 

Test: Theory Of Supply- 2 - Question 13

 Respiration is a/an...............process. 

Test: Theory Of Supply- 2 - Question 14

Movement of food through the esophagus is due to 

Test: Theory Of Supply- 2 - Question 15

Expansion in supply refers to a situation when the producers are willing to supply a :

Detailed Solution for Test: Theory Of Supply- 2 - Question 15

Larger quantity of the commodity at an increased price

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