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14th November 2014, 11:36 AM
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Join Date: Apr 2013
Re: 1st semester BSc Mathematics complementary question papers

As you want to know the question papers of 1st semester BSc Mathematics complementary question papers of Calicut University so, here I am providing you the same.

Here is the attachment for the question papers of the 1st semester BSc Mathematics complementary you can download that and some of the questions are given below.

1. The demand curve shows the relationship between
a. Price and quantity
b. Income and quantity
c. Consumption and quantity
d. Consumption and income

2. The demand for essential good is

a. Elastic
b. Inelastic
c. Relatively elastic
d. Relatively inelastic

3. When the elasticity of demand ep is greater than 1 the demand for good is

a. inelastic
b. unitary elastic
c. relatively elastic
d. elastic

4.Arc price elasticity is calculated over a

a. range of prices
b. price at a point
c. period of time
d. none of the above
5.
The ratio of the percentage change in sales of one product to the percentage
change in price of another product is called
a. arc price elasticity
b. point price elasticity
c. cross price elasticity
d. income elasticity
6.
When the cross price elasticity ec is less than 0, the goods are
a. substitutes
b. complementary
c. independent
d. none of these

7.Perfectly elastic supply curve is

a. Parallel to X axis
b. Parallel to Y axis
c. Sloping curve passing through the origin d. None of the these

8. In the case of a perfectly inelastic supply curve, the elasticity of supply ηs is

a. infinity
b. one
c. greater than 1
d. zero Page 2

9. At equilibrium, the demand curve and supply curve

a. coincide each other
b. parallel to each other
c. intersect each other
d. none of these

10. A discussion on demand always referring to purchases made during _____

a. given period of time
b. Specified period of time
c. both a and b
d. None of these

11. The variables in the demand function which are related to price are

a. own price of the product
b. price of compliment
c. price of substitutes
d. all the above

12. The law of demand states that

a. the higher the price the lower the demand
b. the lower the price the higher the demand
c. the higher the price the lower the demand and the lower the price the
higher the demand
d. None of these

13. The variable disposable income yd stands for

a. disposable income
b. the amount of money available to pupil to spend
c. both a and b
d. None of these

14. When the purchases of goods increase with rising levels of income, such goods

are called:
a. Inferior goods
b. normal goods
c. giffen goods
d. Laxurious goods

15. When the purchases of goods decrease with rising levels of income, such goods

are called:
a. inferior goods
b. normal goods
c. giffen goods
e. laxurious goods

17. Credit and rate of interest are _____ to the firm.

a. endogeneous
b. homogeneus
c. exogeneous
d. none

16. The influence of a change in a product's price on real income is called

a. substitution effect
b. income effect
c. both a and b
d. None

17. The influence of a reduction in a product's price on quantity demanded is called

a. substitution effect
b. income effect
c. both a and b
d. none

18. In a demand curve price is measured along the

a. vertical axis
b. horizontal axis
c. both a and b
d. none

19. In a demand curve quantity demanded is measured along

a. vertical axis
b. horizontal axis
c. both a and b
d. none

20.

The tabular presentation of price and quantity with reference to a demand function is called

a. demand curve
b. demand line
c. demand schedule
d. none


46. If close substitutes are available, then the elasticity of demand will be
a. low
b. moderate
c. high
d. optimum
47. The relationship between supply and price is
a. negative
b. perfect
c. positive
d. none
48. The relationship between demand and price is
a. positive
b. negative
c. perfect
d. none
49. A given percentage change in price results in an equal percentage change in
sales, indicates:
a. unitary price elasticity
b. inelastic price elasticity
c. elastic price elasticity
d. none
50. When X is the independent variable and Y is the dependent variable their
elasticity E is given by
a. % change in X / % change in Y b. % change in Y / Y
c. % change in X / Y
d. % change in Y / % change in X
51. The cost function expresses the relationship between
a. price and quantity
b. input and cost
c. output and cost
d. output and input
52. Profit is equal to total revenue minus
a. explicit costs
b. implicit costs
c. implicit costs and explicit costs d. wages and rents
53. Total cost function is a _______ function of output
a. linear
b. cubic
c. quadratic
d. none of these
54. MC curve cuts AVC and AC curves at the _____ point
a. minimum
b. maximum
c. both (a) and (b)
d. none of these

For more you questions you can download form here:


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