HP Statistical Assistant-2018 Part-9

HP Statistical Assistant-2018 Solved Paper Question 81-90

HP Statistical Assistant-2018 Solved Paper Question 81-90

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 81-90

Question : 81

Price determination will always lead to

[A].   increase in output 
[B].   decrease in output
[C].   no change in output 
[D].   None of these


Question : 82

Consumers are likely to get maximum variety of goods under

[A].   Imperfect competition 
[B].   Monopoly
[C].   Perfect competition 
[D].   Oligopoly


Question : 83

A shift in supply will have a bigger effect on price than output, if demand is

[A].   income elastic 
[B].   income inelastic
[C].   price elastic 
[D].   price inelastic


Question : 84

If the price was fixed below the equilibrium price there would be

[A].   excess supply 
[B].   excess demand
[C].   equilibrium 
[D].   downward pressure on prices


Question : 85

The price mechanism cannot

[A].   act as a signal 
[B].   act as an incentive
[C].   act as a rationing device 
[D].   shift the demand curve


Question : 86

Price determination policy helps in increasing profits in case of

[A].   Perfect competition 
[B].   Monopolistic competition
[C].   Monopoly 
[D].   Oligopoly


Question : 87

When Average Revenue (AR) is constant, Marginal Revenue (MR) is

[A].   equal to AR 
[B].   less than AR 
[C].   more than AR
[D].   equal to zero


Question : 88

Opportunity cost means

[A].   cost of a homogeneous product 
[B].   cost of the last unit
[C].   cost of next best alternative 
[D].   cost of all units produced


Question : 89

Which of the following is an inverted ‘U’ shaped curve ?

[A].   Average cost 
[B].   Total cost 
[C].   Fixed cost 
[D].   Marginal cost


Question : 90

90. Normal profits are considered as

[A].   Explicit costs 
[B].   Implicit costs 
[C].   Social costs 
[D].   Private costs




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