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2901

The market in which the operators are many and none of them can influence the price is

  • A. stock exchange market
  • B. imperfect market
  • C. perfect market
  • D. exchange market
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2902

The concentration of industries in a particular geographical area is

  • A. localization of industries
  • B. roles of industrialization
  • C. location of industry
  • D. strategies of industrialization
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2903
\(\begin{array}{c|c}
\text{Units of quantity} & \text{Total utility} & \text{Marginal utility} \\
\hline
0 & - & - \\
\hline
1 & 10 & 10 \\
\hline
2 & 15 & 5 \\
\hline
3 & 17 & 2 \\
\hline
4 & 18 & 1 \\
\hline
5 & 18 & 0 \\
\end{array}\)


The table illustrate the law of
  • A. admonishing returns
  • B. increasing returns
  • C. diminishing marginal utility
  • D. increasing marginal utility
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2904
All the following are the canons of taxation given by Adam Smith except
  • A. objective
  • B. economy
  • C. convenience
  • D. certainty
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2905

Census can be classified as

  • A. defacto and dejure
  • B. increasing and decreasing
  • C. over and under
  • D. optimum
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