HP Statistical Assistant-2018 Part-8

HP Statistical Assistant-2018 Solved Paper Question 71-80

HP Statistical Assistant-2018 Solved Paper Question 71-80

Himachal Pradesh Subordinate Service Selection Board Hamirpur conducted Himachal Pradesh Statistical Assistant-2018 Exam-2018.

Exam name : Himachal Pradesh Statistical Assistant
Total Question: 170
Conducted By: Himachal Pradesh Subordinate Service Selection Board Hamirpur (HPSSSB)
Total Marks: 85
Time : 2 Hours
All questions are compulsory
One question carries half mark only

Question 71-80

Question : 71

At point of satiety, marginal utility is

[A].   zero 
[B].   positive 
[C].   maximum 
[D].   negative


Question : 72

On the maximum level of satisfaction of good A, the marginal utility of good A will be

[A].   positive 
[B].   negative 
[C].   zero 
[D].   infinity


Question : 73

The equilibrium level of output for the pure monopolist is where

[A].  MR = MC
[B].   MR<MC 
[C].   MR>MC 
[D].   None of these


Question : 74

Of the following goods, the one where the law of diminishing marginal utility is least likely to apply is

[A].   water 
[B].   cigarettes 
[C].   toothpaste 
[D].   rap music


Question : 75

Which of the following is one of the basis for the indifference curve analysis ?

[A].   Independent utility 
[B].   Ordinal utility
[C].   Cardinal utility 
[D].   Diminishing utility


Question : 76

When marginal utility is negative, then total utility

[A].   increases 
[B].   decreases 
[C].   is zero 
[D].   is negative


Question : 77

A consumer consuming two goods will be in equilibrium, when the marginal utilities from both goods are

[A].   maximum possible positive 
[B].   minimum possible positive
[C].   equal 
[D].   zero


Question : 78

Total production will be maximum when

[A].   marginal production is maximum 
[B].   average production is maximum
[C].   marginal production is zero 
[D].   None of these


Question : 79

Selling cost is necessary under

[A].   pure monopoly 
[B].   perfect competition
[C].   imperfect monopoly 
[D].   None of these


Question : 80

Monopolist can fix

[A].   both price and output 
[B].   either price or output
[C].   neither price nor output 
[D].   none of these




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