1191. The cobweb model will diverge from one point when the alop of :
A. There is more of a demand curve than a supply curve *
B. Supply curve is more than demand
C. The demand curve and supply curve are equal.
D. The supply curve and demand curve are equal.
1192. According to Marshal Utility :
A. Can be added *
B. Can be subtracted
C. Can be multiplied
D. Can be divided
1193. A consumer is equilibrium when slope of IC is :
A. Equal to the budget line’s slope *
B. More than the budget line’s slope
C. More modest than the incline of spending plan line
D. Parallel to slope of budget line
1194. Engel curves show how commodities consumption rate differ at various levels of :
A. Income
B. Consumption *
C. Price
D. Production
1195. ” In revealed presence theory ” a consumer revealed preference for bundle of :
A. Two goods *
B. A low goods
C. One goods
D. Many goods
1196. The elasticy of demand on the rectangular hyperbola curve :
A. Increases
B. Decreases
C. Remains the same *
D. Changes
1197. The best average for dealing with a quantitative data is :
A. Mean
B. Median *
C. Mode
D. HM
1198. Which of the following is a unit less measure of distention?
A. Standard deviation
B. Mean deviation
C. Co-effiecient of variation *
D. Range
1199. The discrete probability distribution is :
A. Poison distribution
B. Normal distribution
C. Binomial distribution
D. Both A and C *
1200. The most commonly used co efficient interval to :
A. 90%
B. 94%
C. 95% *
D. 98%