Main feature of perfectly competitive market is:
- ✓All of these
- BUniform price
- CHomogeneous product
- DLarge number of buyers and sellers
Answer: A.
View full solution →39 questions across 8 question groups — pick any mix to generate a Economics paper with step-by-step answer keys.
M.C.Q (1 Marks)
10 Q→023 Marks Question
3 Q→034 Marks Question
4 Q→046 Marks Question
2 Q→05M.C.Q (1 Marks)
10 Q→063 Marks Question
3 Q→074 Marks Question
4 Q→086 Marks Question
3 Q→One sample from each question group in this chapter. Select any group above to see the full set with answer keys.
Answer: A.
View full solution →Answer: B.
View full solution →Answer: A.
View full solution →Answer: A.
View full solution →Answer: B.
View full solution →| Combinations | Green Chilly (Units) | Sugar Units |
| A | 100 | 1 |
| B | 95 | 1 |
| C | 85 | 2 |
| D | 70 | 3 |
| E | 50 | 4 |
| F | 25 | 5 |
| Output (Units) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| Price (Rs.) | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
| Total Cost | 26 | 50 | 72 | 92 | 115 | 139 | 165 |
| 1st | 88 | 95 | 70 | 96 | 50 | 80 | 75 | 85 |
| 2nd | 84 | 90 | 88 | 55 | 48 | 85 | 82 | 72 |
Answer: C.
View full solution →Answer: B.
View full solution →Answer: C.
View full solution →Answer: C.
View full solution →Answer: C.
View full solution →| X | 160 | 150 | 152 | 161 | 156 |
| Frequency | 5 | 8 | 6 | 3 | 7 |
| Items | 12 | 29 | 14 | 41 |
| Weight | 6 | 4 | 5 | 2 |
| Value (X) | 12 | 20 | 27 | 33 | ? | 54 |
| Frequency (f) | 8 | 16 | 48 | 90 | 30 | 8 |
| X | 24 | 27 | 28 | 28 | 29 | 30 | 32 | 33 | 35 | 35 | 40 |
| Y | 18 | 20 | 22 | 25 | 22 | 28 | 28 | 30 | 27 | 30 | 22 |
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