Senior Officer (Financial Analyst) 2020 [MCQ]

61. Ceteris paribus means__

[Senior Officer (Financial Analyst) 2020 [MCQ] : 2020]

1. all other things constant

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2. there are lots of conditions

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3. all things are normal

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4. conditions are the assumptions

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Answer
62. Ed = 0 means__

[Senior Officer (Financial Analyst) 2020 [MCQ] : 2020]

1. perfectly elastic

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2. perfectly inelastic

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3. Unit elastic

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4. none of the above

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Answer
63. A measure of satisfaction in economics is denoted as__

[Senior Officer (Financial Analyst) 2020 [MCQ] : 2020]

1. demand

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2. supply

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3. utility

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4. satisfaction

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Answer
64. Which one of the following is not the characteristics of indifference Curves?

[Senior Officer (Financial Analyst) 2020 [MCQ] : 2020]

1. They we downward sloping

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2. They are comes to the origin

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3. They do not intersect

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4. They are concave to the origin

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Answer
65. The cost which is incurred in the past that cannot be changed by current decision and therefore cannot be recovered is called__

[Senior Officer (Financial Analyst) 2020 [MCQ] : 2020]

1. sunk cost

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2. fixed cost

2

3. variable cost

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4. total cost

4
Answer