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mock-4

Authored by SUMI MAHESH

Social Studies

11th Grade

Used 2+ times

mock-4
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17 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assertion (A): There are negative J-shaped curves and positive J-shaped curves. Reason (R): When curves move from low frequencies in lower values to their highest frequencies in the lowest class in distribution.


a) Both A and R are true and R is the correct explanation of A.

b) Both A and R are true but R is not the correct explanation of A.

c) A is true but R is false.

d) A is false but R is true

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A consumer reaches equilibrium at the point where:

a) MU is less than P

b) MU is greater than P

c) MU=P

d) TU=P

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Statistical enquiry means

a) Search for knowledge with the help of statistical methods.


b) Collection of anything

c) Search for knowledge

d) It is science for knowledge

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Statistical calculations in classified data are based on:

a) The class mid-points

b) The lower class limits

c) The actual value of observation

d) The upper class limits

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic activity deals with the use of goods and services for the satisfaction of human wants?

a) Distribution

b) Consumption

c) Exchange

d) Production

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assertion (A): An economy must decide as to which technique is to be used in a given industry so that efficient production is obtained.

Reason (R): Efficient technique of production is that which uses the greatest amount of scarce resources to provide the same amount of output.



a) Both A and R are true and R is the correct explanation of A.

b) Both A and R are true but R is not the correct explanation of A.

c) A is true but R is false.

d) A is false but R is true.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assertion (A): The equilibrium point is the point where a consumer maximizes his satisfaction.



Reason (R): Equilibrium is struck when the slope of the price line is equal to the slope of the indifference curve.


a) Both A and R are true and R is the correct explanation of A.


b) Both A and R are true but R is not the correct explanation of A.


c) A is true but R is false.

d) A is false but R is true.

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