Who coined the term 'Ecology'?
Ernst Haeckel
G. Evelyn Hutchinson
Hugo de Vries
Robert Brown
A.
Ernst Haeckel
When income increases, consumption also increases
in the same proportion
in a lower proportion
in a higher proportion
in a higher proportion
When will demand become a grant?
When a demand is proposed
After the discussion on demand is over
After the demand is granted
After the demand is granted
If demand curve for camping tents is D = 100000-17P and the supply curve is S = 50000 + 8P, find the equilibrium price?
1000
2000
4000
500
When will demand become a grant?
When a demand is proposed
After the discussion on demand is over
After the demand is granted
After the demand is granted
Value of total Goods and Services produced in a country is its
Gross Domestic Product
Gross Revenue Income
Total Goods Revenue
Total Income
A company faces a -2.5 price elasticity of demand for its product. It is presently selling 10,000 units/month. If it wants to increase quantity sold by 6%. it must lower its price by
3.50%
15%
2.50%
2.40%
Lowering of value of currency relative to a foreign reference currency is called ........
Devaluation
Revaluation
Down valuation
Negative valuation
In 2015 the nominal rate of interest in country was 6% and the inflation rate then was 1.5%. So real rate of interest in 2015 was
7.50%
4.50%
4%
0.25%
The goods which people consume more, when their price rises, are called.........
Essential goods
Capital goods
Veblen goods
Giffen goods