Which is the sector with the highest growth during the period 1989 and 1998

1.  Manufacturing

2.  Mining and quarrying

3.  Electricity

4.  Chemicals

View Answer  
4
Correct Answer :

Electricity


Explanation :
No Explanation available for this question

The overall growth rate in 1991 of the four sectors together is approximately:

1.  10%

2.  1 %

3.  2.5%

4.  1.5%

View Answer  
4
Correct Answer :

1.5\%


Explanation :
No Explanation available for this question

When was the level of production in the manufacturing sector achieved during the nine-year period 1990-1998

1.  1998

2.  1995

3.  1990

4.  Cannot be determined

View Answer  
4
Correct Answer :

1998


Explanation :
No Explanation available for this question

When was the lowest level of production of the mining and quarrying sector achieved during the nine year period 1990-1998

1.  1996

2.  1993

3.  1990

4.  Cannot be determined

View Answer  
4
Correct Answer :

1993


Explanation :
No Explanation available for this question

The percentage increase of production in the four sectors, namely, manufacturing, mining & quarrying, electricity and chemicals, taken together, in 1994, relate to 1989, is approximately:

1.  25

2.  20

3.  50

4.  40

View Answer  
4
Correct Answer :

25


Explanation :
No Explanation available for this question

It is known the index of total industrial production in 1994 was 50 percent more that in 1989. Then, the percentage increase in production between 1989 and 1994 in sectors other than the four listed above is :

1.  57.5

2.  87.5

3.  127.5

4.  47.5

View Answer  
4
Correct Answer :

87.5


Explanation :
No Explanation available for this question

Total production in July is 40 units. What is the approximate average unit cost for July'

1.  3600

2.  90

3.  140

4.  115

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4
Correct Answer :

140


Explanation :
No Explanation available for this question

ABC Ltd. is considering increasing the production level. What is the approximate marginal cost of increasing production from its July level of 40 units

1.  110

2.  130

3.  150

4.  160

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4
Correct Answer :

130


Explanation :
No Explanation available for this question

From the data provided it can be inferred that, for production levels in the range of 0 to 60 units,

1.  MC is an increasing function of production quantity.

2.  MC is a decreasing function of production quantity.

3.  Initially MC is a decreasing function of production quantity, attains a minimum and then it is an increasing function of production quantity.

4.  None of the above.

View Answer  
4
Correct Answer :

None of the above.


Explanation :
No Explanation available for this question

Suppose that each widget sells for Rs. 150. What is the profit earned by ABC Ltd. In July (Profit is defined as the excess of sales revenue over total cost.

1.  2400

2.  1600

3.  400

4.  0

View Answer  
4
Correct Answer :

400


Explanation :
No Explanation available for this question
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