Download App

Introduction of Micro-Economics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIntroduction of Micro-Economics1 Mark
✓

Answer

  1. A movement from a point inside the PPF to a point on the PPF.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q (1 Marks)" from Introduction of Micro-Economics→Introduction of Micro-Economics — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

Any statement about demand for a good is considered complete only when the following is/are mentioned in it.
  1. Price of the good.
  2. Quantity of the good.
  3. Period of time.
  4. All of the above.
→
The various combinations of goods that can be produced in any economy when it uses its available resources 5 and technology efficiently are depicted by.
  1. Demand curve.
  2. Production curve.
  3. Supply curve.
  4. Production possibilities curve.
→
Which of the following commodities will be demanded, even if the prices have gone up very high?
  1. Luxury.
  2. Status symbol.
  3. Prestige.
  4. All of the above.
→
______ is the difference between total receipts and total expenditure.
  1. Fiscal deficit.
  2. Budget deficit.
  3. Revenue deficit.
  4. Capital deficit.
→
Demand is elastic when:
  1. Price level is high.
  2. More substitutes are available.
  3. Income of the consumer is less.
  4. All of the above.
→
Which market have characteristic of product differentiation:
  1. Monopolistic competition.
  2. Oligopoly.
  3. Monopoly.
  4. Perfect competition.
→
Marginal revenue is defined as:
  1. Revenue per unit of commodity.
  2. Addition to revenue when one more unit of the commodity is sold.
  3. Proceeds from the sale of the commodity.
  4. All of the above.
→
Total cost in the short run is classified into fixed costs and variable costs. Which one of the following is:
  1. Cost of raw materials.
  2. Cost of equipment.
  3. Interest payment on past borrowings.
  4. Payment of rent on building.
→
Reason for the U-shape of MC curve is:
  1. Law of Variable Proportions.
  2. Returns to Scale.
  3. Law of diminishing cost.
  4. Law of increasing cost.
→
The duration of a financial year in India is -
→