Use the following classes of Arthropoda to answer the question below.
I. Crustacea II. Insecta III. Arachinda IV. Chilopoda
Which members of the classes live mainly in an aquatic habitat?
I
II
III
IV
Correct answer is A
No explanation has been provided for this answer.
Advertising expenses would not be necessary under perfect competition because
Consumers would have complete knowledge of goods
Cost of production would be at the maximum level
Every firm would enjoy the benefits of large scale production
Income of the consumers in the community would be high
Correct answer is A
No explanation has been provided for this answer.
For a monopolist, the average revenue (AR) curve is
Above the total curve
The same as the marginal cost curve
Above the marginal revenue curve
The same as that of the perfect competitor
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a reason for establishing public enterprises?
Discouraging investors
Opening up neglected parts of the country
Effective control of a natural monopoly
Rapid economic development
Correct answer is A
No explanation has been provided for this answer.
Buying and selling of shares is a function performed mostly by the
Insurance companies
Stock exchanges
Merchant banks
Discount houses
Correct answer is B
No explanation has been provided for this answer.