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5 Qs

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INTERNAL-I

INTERNAL-I

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Dr. Dash

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.Which of the following is a demand function?

Q+4P=20

Q=35+3P

Q-2P-15=0

5P-Q=4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 2. Which of the following formulas is correct?

AVC = (TC-FC)/Q

AVC = FC/Q

AVC = TC/Q

AVC = (MC*Q-FC)/Q

3.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

  1. 3. When the RBI conducts open-market operations to increase the money supply, it ___________ government bonds from the public.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 4. The budget line takes a leftward shift when the price of a good increases.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 5. The marginal product of fixed factor in Stage-I of law of variable proportions is positive.

TRUE

FALSE