✅INTELLECT✅
Economics 👉MCQ 51
Cross elasticity between price of car and demand for diesel is ______
Economics 👉MCQ 51
Cross elasticity between price of car and demand for diesel is ______
Anonymous Quiz
34%
Positive
59%
Negative
4%
One
2%
Zero
👍2
✅INTELLECT✅
Economics 👉MCQ 52
Cross elasticity between price of electricity and demand for AC is _______
Economics 👉MCQ 52
Cross elasticity between price of electricity and demand for AC is _______
Anonymous Quiz
31%
Positive
63%
Negative
5%
Zero
1%
One
👍2
✅INTELLECT✅
Economics 👉MCQ 53
Cross elasticity between price of tea and demand for coffee will be ______
Economics 👉MCQ 53
Cross elasticity between price of tea and demand for coffee will be ______
Anonymous Quiz
68%
Positive
28%
Negative
3%
Zero
1%
One
👍2🔥1
✅INTELLECT✅
Economics 👉MCQ 54
Cross elasticity between complimentary goods is _______ due to ______ relationship
Economics 👉MCQ 54
Cross elasticity between complimentary goods is _______ due to ______ relationship
Anonymous Poll
26%
Positive ; direct
16%
Positive ; inverse
20%
Negative ; direct
38%
Negative ; inverse
👍7
✅INTELLECT✅
Economics 👉MCQ 55
Cross elasticity between substitute goods will be ______
Economics 👉MCQ 55
Cross elasticity between substitute goods will be ______
Anonymous Quiz
71%
Positive
22%
Negative
4%
One
4%
Zero
👍2👎1
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👉You have almost given a test on chapter 2 of economics, these 55 MCQ’s covered almost all concepts of chapter 2.
👉If you wish to practice more such questions of eco and stats, give a like to this post.
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Forwarded from CA Notes & Updates : Commerce Updates
Word of the day
Arbitrage
Arbitrage is the process of buying an asset in one market and selling it in another market for a higher price.
Example: A person sees cotton getting sold in Mumbai at Rs 2000.
Then, he sees cotton is selling in Lucknow at Rs 2500.
He decides to buy cotton from Mumbai and sell it in Lucknow to earn profit.
Similar situations can occur with other assets and different markets.
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Arbitrage
Arbitrage is the process of buying an asset in one market and selling it in another market for a higher price.
Example: A person sees cotton getting sold in Mumbai at Rs 2000.
Then, he sees cotton is selling in Lucknow at Rs 2500.
He decides to buy cotton from Mumbai and sell it in Lucknow to earn profit.
Similar situations can occur with other assets and different markets.
◈◉◎┄┅══❂❣❂══┅┄◎◉◈
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Forwarded from CA Notes & Updates : Commerce Updates via @canotesbot
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