When the demand curve is a rectangular hyperbola an increase in the price of the commodity causes the total expenditure of consumers of the commodity to:
Anonymous Quiz
48%
(a) Remain unchanged
30%
(b) Increase
18%
(c) Decrease
4%
(d) Any of the above
‘No matter what the price of coffee is, Ram always spend a total of exactly 100 per week on coffee.’ The statement implies that;
Anonymous Quiz
47%
(a) Ram is very fond coffee and therefore he has an inelastic demand for coffee
16%
(b) Ram has elastic demand for coffee
11%
(c) Ram’s demand for coffee is relatively less elastic
25%
(d) Ram’s demand for coffee is unit elastic
Which method of data collection covers the widest area?
Anonymous Quiz
25%
(a) Telephone interview method
51%
(b) Mailed questionnaire method
6%
(c) Direct interview method
19%
(d) All these
Demand for water is –
Anonymous Quiz
20%
(a) Elastic
61%
(b) Inelastic
14%
(c) Perfectly elastic
6%
(d) Relatively elastic
The supply curve shifts to the right because of-
Anonymous Quiz
33%
(a) Improved technology
12%
(b) Increased price of factors of production
4%
(c) Increased excise duty
51%
(d) All of the above
Multiple line chart is applied for
Anonymous Quiz
12%
(a) Showing multiple charts
57%
(b) Two or more related time series when the variables are expressed in the same unit
26%
(c) Two or more related time series when the variables are expressed in different unit
5%
(d) Multiple variations in the time series
Method of measuring Price Ed between two points is ______ and at particular point is_________
Anonymous Quiz
58%
(a) Arc, Point
23%
(b) Point, Arc
15%
(c) Arc, Total outlay
4%
(d) Total outlay, Arc
The reason of right ward shiftment of demand curve
Anonymous Quiz
11%
(a) Fall in the price of complement
15%
(b) An increase in the Number of Buyers
13%
(c) Rise in the price of substitute goods
62%
(d) All of the above.
The class intervals in a frequency distribution are (16 - 19), (20 - 23), (24 -27), (28 - 31) etc. the correct specification for the class (24 - 27) is
Anonymous Quiz
26%
(a) 24< × < 27
28%
(b) 24≤ × <27
12%
(c) 24< × ≤27
34%
(d) 24≤ × ≤27
Rank correlation coefficient lies between
Anonymous Quiz
33%
(a) 0 to 1
61%
(b) –1 to +1
5%
(c) –1 to 0
1%
(d) None of these
If there is a perfect disagreement between the marks in Geography and Statistics, then what would be the value of rank correlation coefficient?
Anonymous Quiz
11%
(a) Any value
24%
(b) Only 1
39%
(c) Only –1
26%
(d) (b) or (c)
Which is not the reason of left ward shiftment of demand curve?
Anonymous Quiz
11%
(a) Rise in the price of complement
16%
(b) A change in taste against the commodity
33%
(c) Rise in the income of consumer (Normal Goods)
40%
(d) All the three
When more quantity is supplied at the same price or same quantity is supplied at lower prices. It is consider as—
Anonymous Quiz
30%
(a) Contraction of supply
14%
(b) Decrease in supply
29%
(c) Expansion of supply
27%
(d) Increase in supply
📢📢 Confused abt how to prepare for Business Economics exam in 1.5 days🤔🤔
☀️☀️ Make best use your last days with these guidance and Marathon revision videos from CA Sanchit Grover Sir (AVJ Academy)
⛳️ Link for Business Economics Marathon Part 1
https://youtu.be/gDtOURiA1Kk
⛳️ Link for Business Economics Marathon Part 2
https://youtu.be/m8wbwcy9FHs
⛳️ Link for Business Economics Marathon Part 3
https://youtu.be/vvt6luPcnJk
📚 100 Most Important Questions for Business Economics exams
https://drive.google.com/file/d/1Jqq7cF_tDEOnZDof84S_44U49ZTMD7DY/view?usp=drivesdk
💎 Smart Study Plan to score maximum marks (ABC Analysis)
https://youtu.be/J18qAQRzniU
☀️☀️ Make best use your last days with these guidance and Marathon revision videos from CA Sanchit Grover Sir (AVJ Academy)
⛳️ Link for Business Economics Marathon Part 1
https://youtu.be/gDtOURiA1Kk
⛳️ Link for Business Economics Marathon Part 2
https://youtu.be/m8wbwcy9FHs
⛳️ Link for Business Economics Marathon Part 3
https://youtu.be/vvt6luPcnJk
📚 100 Most Important Questions for Business Economics exams
https://drive.google.com/file/d/1Jqq7cF_tDEOnZDof84S_44U49ZTMD7DY/view?usp=drivesdk
💎 Smart Study Plan to score maximum marks (ABC Analysis)
https://youtu.be/J18qAQRzniU
YouTube
CA Foundation Business Economics | Marathon Revision - Part 1 | Jan.25 | CA Sanchit Grover
Link for Part-1 of Business Economics Marathon
https://youtu.be/gDtOURiA1Kk?si=H1DMZ14xVxfuK1zn
Link for Part-2 of Business Economics Marathon
https://youtu.be/m8wbwcy9FHs
Link for Part-3 of Business Economics Marathon
https://youtu.be/vvt6luPcnJk
Hey…
https://youtu.be/gDtOURiA1Kk?si=H1DMZ14xVxfuK1zn
Link for Part-2 of Business Economics Marathon
https://youtu.be/m8wbwcy9FHs
Link for Part-3 of Business Economics Marathon
https://youtu.be/vvt6luPcnJk
Hey…
Business_Economics_Top_100_Questions_from_Past_Years_Compiler_by.pdf
3.2 MB
Hello everyone,
In your last 1.5 Days revision, it is not possible to revise all MCQ Questions from Past Year and MTP Compiler. Hence I have made this document containing 100 Most Imp Questions of Business Economics from Past Year and MTP Compiler for quick revision of the students.
In your last 1.5 Days revision, it is not possible to revise all MCQ Questions from Past Year and MTP Compiler. Hence I have made this document containing 100 Most Imp Questions of Business Economics from Past Year and MTP Compiler for quick revision of the students.