CBSE 12TH ECONOMICS - Online Test
Q1. Explicit costs are paid to
Answer : Option A
Explaination / Solution:
No Explaination.
Q2. In perfect competition, since the firm is a price taker, the ________ curve is straight line
Answer : Option A
Explaination / Solution:
No Explaination.
Q3. Open market operations is done by
Answer : Option D
Explaination / Solution:
No Explaination.
Q4. The level of equilibrium income is also determined by
Answer : Option C
Explaination / Solution:
No Explaination.
Q5. The major source of Revenue receipts for the government is
Answer : Option D
Explaination / Solution:
No Explaination.
Q6. An example of durable goods is
Answer : Option D
Explaination / Solution:
No Explaination.
Q7. Indifference curve represents?
Answer : Option A
Explaination / Solution:
No Explaination.
Q8. Balance of visibles is the
Answer : Option D
Explaination / Solution:
No Explaination.
Q9. An individual in economics is
Answer : Option A
Explaination / Solution:
The decision Making Unit is a collection or team of individuals who participate in a buyer decision process.
Q10. Implicit costs are
Answer : Option B
Explaination / Solution:
No Explaination.
