Question : If there is a technological degradation and/or decrease in resources with respect to both the goods, it is known as ________.
Option 1: Rightward shift in PPF
Option 2: Leftward shift in PPF
Option 3: Rotation on X axis
Option 4: Rotation on Y axis
Correct Answer: Leftward shift in PPF
Solution : Leftward shift in PPF refers to a decline in resource availability and/or technical advancement with regard to both products. Hence, the correct option is 2.
Question : When there is an advancement of technology in respect of both the goods it is known as
Option 4: Rotation of Y axis
Question : When there is a growth of resources, a concave "production possibility curve" will:
Option 1: shift leftward
Option 2: shift rightward
Option 3: become straight
Option 4: become convex
Question : Find the coordinates of the points where the graph $57x – 19y = 399$ cuts the coordinate axes.
Option 1: x-axis at(–7, 0) and y-axis at (0, –21)
Option 2: x-axis at(–7, 0) and y-axis at (0, 21)
Option 3: x-axis at (7, 0) and y-axis at (0, –21)
Option 4: x-axis at (7, 0) and y-axis at (0, 21)
Question : $\left(4 x^3 y-6 x^2 y^2+4 x y^3-y^4\right)$ can be expressed as:
Option 1: $(x+y)^4-x^4$
Option 2: $(x+y)^4-y^4$
Option 3: $(x-y)^4-x^4$
Option 4: $x^4-(x-y)^4$
Question : What is the equation of the line whose y-intercept is 4 and is making an angle of 45° with the positive x-axis?
Option 1: $x+y=–4$
Option 2: $x–y=4$
Option 3: $x+y=4$
Option 4: $x–y= – 4$
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