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Normal profit signifies zero economic profit. Explain why?
Select the right answer of the following question.What does not change on changing temperature : (a) Mole fraction (b) Normality (c) Molality (d) None of these
State how is a single buyer a price taker in the perfect competition? Answer: A single buyer’s share in total market demand is too significant that the buyer can’t affect the market pric
In which market condition, the effect of an individual seller is (0) zero? Answer: In Perfectly Competitive market condition.
Choose the right answer from following. Colligative properties are used for the determination of: (a) Molar Mass (b) Equivalent weight (c) Arrangement of molecules (d) Melting point and boiling po
Describe firm’s supply curve in short run, operating in perfect competition? Answer: It is a MC curve of the firm beginning from a point where MC = AVC (that is, minimum).
Provide solution of this question. Which of the following is a colligative property: (a) Surface tension (b) Viscosity (c) Osmotic pressure (d) Optical rotation
China is a huge manufacturer of technology of telephone devices. It has lately become a member of W.T.O. that means it can sell its products in other member countries such as India. Assume that it doe
Assume that the demand for jeans rises. At similar time, since of an increase in price of cotton, the supply of jeans reduces. How will it influence the price and amount sold of jeans? Answer: Rise
Which is not a colligative property: (a) Refractive index (b) Lowering of vapour pressure (c) Depression of freezing point (d) Elevation of boiling point
Severe drought outcomes in a drastic fall in the output of wheat. Examine how will it influence the market price of wheat? Answer: As an outcome of severe drought, the output of wheat is decreased.
Colligative properties of a solution depends upon: (a) Nature of both solvent and solute (b) The relative number of solute and solvent particles (c) Nature of solute only (d) Nature of solvent
Changes in both demand and supply of a commodity might or might not influence its equilibrium price. Describe.
Give me answer of this question. Which of the following is not a colligative property : (a)Optical activity (b)Elevation in boiling point (c)Osmotic pressure (d)Lowering of vapour pressure
How does rise in price of a substitute good in consumption influence the equilibrium price?
Select the right answer of the question. Which of the following is not a colligative property : (a) Osmotic pressure (b) Elevation in B.P (c) Vapour pressure (d) Depression in freezing point
Why Features of monopolistic competition is monopolist in nature? Answer: (a) Control over price (b) Downward sloping demand curve
The colligative properties of a solution depend on: (a) Nature of solute particles present in it (b) Nature of solvent used (c) Number of solute particles present in it (d) Number of moles of sol
Choose the right answer from following. Which of the following is a colligative property: (a) Osmotic pressure (b) Boiling point (c) Vapour pressure (d) Freezing point
Select the right answer of the question. Equimolar solutions in the same solvent have : (a)Same boiling point but different freezing point (b) Same freezing point but different boiling poin (c)Same
Choose the right answer from following. The magnitude of colligative properties in all colloidal dispersions is : (a) Lowerthan solution (b)Higher than solution(c) Both (d) None
Why is demand curve facing a monopolistically competitive firm probable to be very elastic?
Give me answer of this question. A solution contains 1 mole of water and 4 mole of ethanol. The mole fraction of water and ethanol will be: (a) 0.2 water + 0.8 ethanol (b) 0.4 water + 0.6 ethanol
Select the right answer of the question. The unit of molality is: (a) Mole per litre (b) Mole per kilogram (c) Per mole per litre (d) Mole litre
Elucidate how the efficiency might increase when two firms merge? Answer: If the two firms merge, their joined efficiency is expected to enhance owing to: (i) Rise in the scale of output and the re