MCQOPTIONS
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MCQOPTIONS
This section includes 60 Mcqs, each offering curated multiple-choice questions to sharpen your Master of Arts in Economics (M.A. Economics) knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
What is known as the technique of discovering the optimal placement for an industry? |
| A. | industry analysis |
| B. | optimal analysis |
| C. | location analysis |
| D. | none of these |
| Answer» D. none of these | |
| 52. |
Backward integration is a form of ……… |
| A. | vertical integration |
| B. | horizontal integration |
| C. | forward integration |
| D. | none of these |
| Answer» B. horizontal integration | |
| 53. |
Which of the factor does not determine the elasticity of a firm’s product? |
| A. | elasticity of market demand |
| B. | number of firm |
| C. | nature of interaction |
| D. | transaction cost |
| Answer» E. | |
| 54. |
The size of larger industry’s share in total industry sales is known as: School of Distance Education Industrial Economics Page 2 |
| A. | gini coefficient |
| B. | concentration ratio |
| C. | standard deviation |
| D. | quartile deviation |
| Answer» B. concentration ratio | |
| 55. |
Whose index of monopoly power is given as p – mc/p? |
| A. | lerner’s index |
| B. | paasche’s index |
| C. | fisher’s index |
| D. | herfindahl index |
| Answer» B. paasche’s index | |
| 56. |
Which indicator is the sum of square of ratio of firm size to industry size? |
| A. | laspeyers index |
| B. | paasches index |
| C. | fishers index |
| D. | herfindahl index |
| Answer» E. | |
| 57. |
Most commonly used indicator of concentration is |
| A. | gini coefficient |
| B. | coefficient of variation |
| C. | standard deviation |
| D. | quartile deviation |
| Answer» B. coefficient of variation | |
| 58. |
Less elastic the demand for monopolist’s product, the degree of monopoly power would be ……., |
| A. | more |
| B. | less |
| C. | same |
| D. | zero |
| Answer» B. less | |
| 59. |
What is referred to the degree of concentration within the industry? |
| A. | market structure |
| B. | market paradigm |
| C. | market concentration |
| D. | monopoly power |
| Answer» D. monopoly power | |
| 60. |
Who were the pioneers in the field of SCPP (Structure-Conduct-Performance Paradigm)? |
| A. | mason and j s bain |
| B. | lucas and arrow |
| C. | friedman and barro |
| D. | smith and mill |
| Answer» B. lucas and arrow | |