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5 The __________ costs are the opportunity costs of the factors.

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7 A bumper harvest bring about substantial increase in farm output but lowers
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8 Market failures arise when_________ Goods are present.
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10 ___________________e!ciency means goods and services are are distributed according

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11 The production possibility curve represent a ………… between the consumer goods ) ECONOMICS 24 POSTS
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12 Net bene"ts are maximised when the marginal bene"ts is equal to marginal
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13 in the market economy resources are allocated according to _______________.
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14 In the absence of any alternative use, the opportunity cost is______________. ) F.Y.BBI 2 POSTS
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15 _______________ costs are the opportunity costs of the factors owned and used by
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16 under imperfect competition the "rm will produce _________output than under ) GEOGRAPHY 1 POSTS
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C. medium
D. e#cient
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ANS: B
17 The free rider problem that accompanies ______goods. ) INTERNATIONAL MARKETING 1 POSTS
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ANS: B ) M.COM PART 1 41 POSTS
18 The imperfect information leads to problem of __________.

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19 The market failures takes place because the "rm fails to take into account _________
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20 The term __________ refers to the additional cost of implementing a managerial

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21 If demand is elastic (Ep > 1) with a decline in price total revenue_________

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22 When price e#ect is negative , PCC slopes_________.
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23 _________ goods are type of inferior goods. ) QUESTION BANK 141 POSTS
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ANS: C ) RESEARCH METHODOLOGY 3 POSTS
24 The Veblen e#ect give rise to a ______market demand curve.

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25 ___________ price is minimum price which the seller must get in order to o#er a part
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Mumbai University M.COM PART 1 ECONOMIC MCQ PDF |

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Company Law MCQ PDF

5 The __________ costs are the opportunity costs of the factors.

6 The ………….. information possess the problem of asymmetric information.

9 Business Economics is _________________ ) COMPANY LAW 3 POSTS

10 ___________________e!ciency means goods and services are are distributed according

and defense goods.

C. revenue collection targets

A. greater than one

18 The imperfect information leads to problem of __________.

20 The term __________ refers to the additional cost of implementing a managerial

21 If demand is elastic (Ep > 1) with a decline in price total revenue_________

24 The Veblen e#ect give rise to a ______market demand curve.

Contact 8652719712 / 8779537141

Suraj Patel Education :- https://t.me/surajpateleducation ) T.Y.B.COM 29 POSTS

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S.Y.J.C EXAM :- https://t.me/SYJCexam

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M.Com Part 1 EXAM :- https://t.me/McomPart1Exam

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