Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

10 Questions

3 Views

B

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is a concept of Economics?

Theories of Population

Scale of production

Division of labour (correct)

Efficiency of Labour

What is the significance of Economics?

Solving basic economic problems (correct)

Measurement of Elasticity of Demand

Determining price under perfect competition

Understanding historical background of economics in India

Which factor of production is concerned with the natural resources?

Organisation and Enterprises

Capital

Land (correct)

Labour

What does the concept of Elasticity of Demand measure?

Responsiveness of quantity demanded to price changes Signup and view all the answers

What is the unit of study in Micro Economics?

Economics Law and their nature Signup and view all the answers

Which of the following is NOT a focus of business economics?

Analyzing business enterprises Signup and view all the answers

What is the main difference between business economics and traditional economics?

Business economics is an extension of economic concepts to real business situations Signup and view all the answers

Which category of microeconomics is NOT applicable to business economics?

Macroeconomics Signup and view all the answers

What is the main purpose of business economics?

To apply economic theory to business management Signup and view all the answers

What is the role of macroeconomic factors in business economics?

They are applied in the analysis of business economics Signup and view all the answers

B