100+ TNPSC Indian Economy Mock Test - 3

Question: 11

In _____ period, demand increases supply making price also increase.

(A) Long period

(B) Short period

(C) Market period

(D) Very long period

Question: 12

Human activity can be broken into _____ components.

(A) 2

(B) 3

(C) 4

(D) 5

Question: 13

_____ Economics arise outside the firm.

(A) Technical

(B) Internal

(C) External

(D) Financial

Question: 14

Difficulty in management, size of the firm increased is the example for _____ of scale.

(A) Internal economies

(B) External economies

(C) External diseconomies

(D) Internal diseconomies

Question: 15

The segment of a demand curve between two points is called _____ elasticity of demand.

(A) Arc

(B) Percentage

(C) Point

(D) Total outlay