LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Your Answer Gargantuan trucks , Unsafe factories , Radio or TV signals.

Select The Blank

Question The cost which enter the accounts book of the firm are referred
as ________.
Correct Answer Accounting cost

Your Answer Accounting cost

True/False
Question There is no separation of ownership and management in case of
a Joint Stock Company.
Correct Answer False

Your Answer True

Multiple Choice Multiple Answer

Question Features of short-run period are :-

Correct Answer Supply of goods can be adjusted to the demand to some extent ,
Supply and demand determine the price , Some factors can be
changed
Your Answer Supply of goods can be adjusted to the demand to some extent ,
Supply and demand determine the price , Some factors can be
changed

Select The Blank

Question A private limited company can be formed with 2 to 50 members
maximum, excluding ________.
Correct Answer Employee shareholders

Your Answer Employee shareholders

Match The Following

Question Correct Answer Your Answer

Going rate pricing Emphasizes the market Reversible price cut

conditions
Demand curve under Kinky Perfectly inelastic Average
oligopoly is Revenue curve
Perfect competition Perfectly elastic Average Helps the firm to become
Revenue curve more aggressive in the
market
Marginal cost pricing Helps the firm to become Emphasizes the market
more aggressive in the conditions
market

Multiple Choice Single Answer

Question The city of Banaras has specialized in the manufacture of :-