Podcast
Questions and Answers
A firm should shut down in the short run if it cannot cover its:
A firm should shut down in the short run if it cannot cover its:
In the context of the business cycle, which of the following is important for managerial decisions?
In the context of the business cycle, which of the following is important for managerial decisions?
As output increases in the short run, average fixed cost will:
As output increases in the short run, average fixed cost will:
What does Keynes suggest is the primary determinant of interest rates?
What does Keynes suggest is the primary determinant of interest rates?
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In Profit Definitions, economic profit differs from accounting profit primarily because it includes considerations of:
In Profit Definitions, economic profit differs from accounting profit primarily because it includes considerations of:
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Which statement regarding Wage Theories is most accurate?
Which statement regarding Wage Theories is most accurate?
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Which phase of the business cycle most often aligns with an expansionary monetary policy?
Which phase of the business cycle most often aligns with an expansionary monetary policy?
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What is the impact of increasing marginal productivity on a firm's decision to hire additional labor?
What is the impact of increasing marginal productivity on a firm's decision to hire additional labor?
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What concept determines the reward for labor according to the marginal product theory?
What concept determines the reward for labor according to the marginal product theory?
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Which of the following is NOT a characteristic of capital as a factor of production?
Which of the following is NOT a characteristic of capital as a factor of production?
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Which individual is associated with the uncertainty-bearing theory of profit?
Which individual is associated with the uncertainty-bearing theory of profit?
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Which type of rent is not categorized as one of the kinds of rent?
Which type of rent is not categorized as one of the kinds of rent?
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Why is interest paid according to economic principles?
Why is interest paid according to economic principles?
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In terms of average fixed cost, which statement is accurate?
In terms of average fixed cost, which statement is accurate?
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Which wage theory emphasizes that wages are determined by the marginal productivity of labor?
Which wage theory emphasizes that wages are determined by the marginal productivity of labor?
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Which of the following situations would NOT typically lead to differences in wages according to wage theories?
Which of the following situations would NOT typically lead to differences in wages according to wage theories?
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Which theory associates John's name with the concept of productivity in relation to wages?
Which theory associates John's name with the concept of productivity in relation to wages?
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How is profit defined in economic terms?
How is profit defined in economic terms?
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What key aspect is included in Keynesian Theory concerning economic performance?
What key aspect is included in Keynesian Theory concerning economic performance?
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Which of the following best describes Average Fixed Cost?
Which of the following best describes Average Fixed Cost?
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In economic theory, which concept describes the constraints faced by workers in the wage market?
In economic theory, which concept describes the constraints faced by workers in the wage market?
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Which theory posits that wages are fundamentally determined by the value of the marginal product of labor?
Which theory posits that wages are fundamentally determined by the value of the marginal product of labor?
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Which of the following factors is NOT considered a component in determining profit according to economic definitions?
Which of the following factors is NOT considered a component in determining profit according to economic definitions?
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What economic condition does the Wage Fund Theory primarily address?
What economic condition does the Wage Fund Theory primarily address?
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Study Notes
Examination Information
- Examination: B.Com. 2nd Semester Examination, 2022
- Subject: Business Economics-II
- Course Type: CBCS Mode
- Paper ID: 5083
- Time: 1.5 hours
- Maximum Marks: 60
Instructions
- Students must answer all 40 questions.
- Each question carries 1.5 marks.
- Write roll number only in designated spaces on the cover page and the OMR sheet.
- Immediately upon receiving the question paper, check for any missing pages. Report any discrepancies within 10 minutes.
Important Points
- The question paper contains 40 questions, and all questions must be answered.
- Each question is worth 1.5 marks.
- Candidates are to write their roll numbers only in the designated spaces on the cover page and the OMR sheet provided, not elsewhere.
- Check the question paper thoroughly to ensure all pages are present and no questions are missing.
- Report any discrepancies in the question booklet to the invigilator within 10 minutes.
- A replacement question paper will be provided if needed.
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Description
Prepare for the B.Com. 2nd Semester Examination in Business Economics-II with this comprehensive quiz. Designed to help you tackle all 40 questions efficiently, each worth 1.5 marks, ensuring you understand key concepts. Make sure to follow the provided instructions for a smooth examination experience.