The ratio of number of boys and the number of girls in a school is found to be 15:32. How many boys and equal number of girls should be added to bring the ratio to 2/3?
Anonymous Quiz
37%
19
42%
20
15%
23
6%
27
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In the case of a Giffen good, the demand curve will usually be
Anonymous Quiz
14%
Horizontal
43%
Downward-sloping to the right.
8%
Vertical
35%
Upward-sloping to the right
An increase in price will result in an increase in total revenue if:
Anonymous Quiz
39%
% change in Qd < % change in Price
38%
% change in Qd > % change in Price
18%
Demand is elastic
5%
Price is low & Qd is high
The salaries of A, B and C are in the ratio 2:3:5. If increments of 15%, 10% and 20% respectively are allowed to their salary, then what will be the new ratio of their salaries?
Anonymous Quiz
50%
23:33:60
29%
33:23:60
13%
23:60:33
8%
60:60:23
The ratio of two quantities is 15:17. If the consequent of its inverse ratio is 15, then the antecedent is:
Anonymous Quiz
13%
15
18%
√15
63%
17
6%
14
Conspicuous goods are also known as :
Anonymous Quiz
30%
Prestige goods
10%
Snob goods
13%
Veblen goods
47%
All of the above
Find the effective annual rate of interest corresponding to a nominal rate of 8% per annum payable half-yearly:
Anonymous Quiz
15%
8.8%
34%
8.23%
18%
8.6%
34%
8.16%
The quantity purchased remains constant irrespective of the change in income. This is known as:
Anonymous Quiz
11%
Negative income elasticity of demand
28%
Income elasticity of demand less than one
52%
Zero income elasticity of demand
9%
Income elasticity of demand is greater than one
In a G.P., 6th term is 729 and the common ratio is 3, then the first term of G.P. is
Anonymous Quiz
11%
2
56%
3
19%
4
14%
7
Demand for a good will tend to be more inelastic if it exhibits which of the following characteristics?
Anonymous Quiz
17%
The good has many substitutes.
40%
The good is a luxury (as opposed to a necessity).
23%
The good is a small part of the consumer’s income.
20%
There is a great deal of time for the consumer to adjust to the change in prices
If the numbers are 5, 1, 8, 7, 2 then the coefficient of variation is:
Anonymous Quiz
20%
56.13%
57%
59.13%
22%
48.13%
1%
44.13%
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