Daily MCQ Quiz

Test your knowledge with our daily updated questions.

General Knowledge MCQs

Quiz #69273
If two commodities are complements, then their cross price elasticity is?
A Zero
B Positive
C Negative
D Imaginary number
Discuss
Quiz #69271
Homogeneous product is a feature of?
A Imperfect market
B Monopoly
C Oligopoly
D Perfect competition
Discuss
Quiz #69270
Demonstration Effect means?
A Effect of advertisement
B Imitating effect of consumption
C Effect of entertainment
D Effect of an experiment
Discuss
Quiz #69268
In which type of competition does Marginal Revenue Curve coincide with Average Revenue Curve?
A Monopoly
B Imperfect competition
C Perfect competition
D Monopolistic competition
Discuss
Quiz #69267
Laissez-faire is a feature of?
A Socialism
B Communism
C Capitalism
D Mixed economy
Discuss
Quiz #69266
In Economics the terms ‘Utility’ and Usefulness’ have?
A Same meaning
B Different meaning
C Opposite meaning
D None of these
Discuss
Quiz #69265
Production function explains the relationship between?
A Initial inputs and ultimate output
B Inputs and ultimate consumption
C Output and consumption
D Output and exports
Discuss
Quiz #69264
Revealed Preference Theory was propounded by?
A Adam Smith
B Marshall
C P.A. Samuelson
D J.S. Mill
Discuss