‘AcThe maximisation of sales revenue
B:-Profit maximisation

C:Improving managerial discreation
D-Balanced rate of growth of the firm
Correct Answer:- Option-D

‘Question15:-Welfare is improved when the greatest good for the greatest number was the criteria
proposed by

AcJeremy Bentham
B:-Vilfredo Pareto
CKaldor - Hicks
D:-Samuelson - Bergson
Correct Answer: Option:
Question16:-In general equilibrium system of Walrasian type, which of the following functions present in a market
A:-Demand function
B:-Supply function
C+Clearing the market equation
D:-All of the above
Correct Answer: Option-D
Question17:-State the static property/properties in a general equilibrium solution reached with a free competitive market mechanism
AcEfficiency in factor substitution
B- Efficiency in distribution of commodities
೫0670 in product mix
D:-All of the above
Correct Answer: Option-D
Question18:AcWage rate
Price of capital services

நாவு
com Pep

D:-All of the above
Correct Answer: Option:

‘Question19:factors is constant

७०१५
B:-Indifference curve
7
പിടി
Correct Answer:- Option-D
Question20:-Slutsky equation deals with decomposition of
‘AGoods into normal and inferior goods
B:-Income effect into substitution and price effect
C-Price effect into substitution effect and income effect
D-None of the above
Correct Answer:- Option-C
Question21:-For Keynes, the economic problem divided into
‘Acfailure of real GDP to respond to an increase in the real money supply

B:-Failure of the nominal wage rate to adjust by the amount needed to maintain
‘equilibrium in the labour market

C-Problem of monetary impotence and rigid wages

D:-All of the above