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Practice Research Questions and Answers

The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30 have credit ...
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30 have credit ...
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of all female st...
If f(x) is continuous for all real values of x and f(x) takes on only rational values, then if f(1)=1, the value of f(0) is
For the following MA (3) process y t = μ + Ε t + θ 1 Ε t -1 + θ 2 Ε t -2 + θ 3 Ε t -3 , where σ t is a zero mean white...
Of 10 computer chips, 4 are defective. What is the probability of selecting 3 without replacement, only one of which is defective?
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of all female st...
Which of the following statement is correct? 1. If autoregressive parameter (p) in an ARIMA model is 1, it means that there is no auto-correlation in the ...
In a time-series forecasting problem, if the seasonal indices for quarters 1, 2, and 3 are 0.80, 0.90, and 0.95 respectively. What can you say about the se...
Consider the following set of data: {23.32 32.33 32.88 28.98 33.16 26.33 29.88 32.69 18.98 21.23 26.66 29.89} What is the lag-one sample autocorrelat...
A sample poll of 100 voters reveals the following information about candidates A, B and C who are nominated for 3 different offices: 20 are in favour of ...
If elasticity is ‘e’, and price of the product is B, MR=?
What is the elasticity of demand given by x=100-50p at price = 10?
A consumer has utility function given by : u{x1,x2} = min {2x1+x2, x1+2x2}. Given income m = 100, prices p1 = 20, p2 = 30, the amount of x1 in her utility ...
Which of the following is not true Monopoly form of market organization may be result of increasing returns to scale Monopoly form of markets organiz...
Law of diminishing returns only applies to cases where
Which of the following is correct regarding long run cost
Assertion (A): There is a natural tendency to collude under oligopoly. Reason (R) : Inter-dependence of firms in oligopolistic markets. ...
P=400, MC= 200, Lerner index = ?
For goods x1 and x2 with prices P1 and P2, if dx1/dP2 is positive then,
Which of the following four-firm concentration ratios is most consistent with monopolistic competition?
Walraw’s Law states the following:
A subsidy can actually cause the consumption of a subsidized good to fall if
The marginal cost of production is MC=0.3x+4, determine the cost involved to increase production from 70 to 100 units.
Which of the following statements about graphs of short-run cost curves is false?
Which of the following is a possible change in total revenue that occurs if you increase the price of a good with unit elasticity?
Zia wants to increase total revenue at his restaurant. The price elasticity of demand for several dishes that he serves are given in the table below. Pric...
If the price elasticity of demand for apples is 3, then what will be the impact on total revenue if price increases?
An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationship between th...
Which of the following statements about a firm's average cost curves is false?
Suppose incomes double over a period of years. Which sorts of product will experience the biggest increases in price?
Holly, Brian, Fred, Tracy, and Melanie have income elasticities for veggie burgers as given below: Person Income elasticity of demand Tracy 2 Brian 1 F...
Suppose there is a pond with fishes and “n” number of fishermen living around it. Let a i is time spent fishing per day by player i. Thus total time pe...
The absorption approach of analyzing balance of payment was formulated by:
If the endowment of some resource increases, the industry that uses that resource most intensively will increase its output while the other industry will d...
Knife edge problem is associated with the following growth models?
A person who is made redundant because of the contraction of an industry is a victim of?
The Phillips curve shows the trade-off between ----- and -----?
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?

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