[{"id":133719,"question":"The duty of a market is not to","choices":[{"text":"make exchange of goods","value":"A"},{"text":"contact buyers and sellers","value":"B"},{"text":"determine price","value":"C"},{"text":"give maximum output","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":133718,"question":"The equilibrium of the market is that demand and supply to each other are","choices":[{"text":"opposite","value":"A"},{"text":"positive","value":"B"},{"text":"equal","value":"C"},{"text":"negative","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133717,"question":"Equilibrium means","choices":[{"text":"the condition that is not possible","value":"A"},{"text":"an unstable condition","value":"B"},{"text":"a condition that can change","value":"C"},{"text":"stable position","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":133716,"question":"In which direction demand and supply curves move","choices":[{"text":"Same","value":"A"},{"text":"Opposite","value":"B"},{"text":"parallel","value":"C"},{"text":"Horizontal","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133715,"question":"When demand and supply rise equally then equilibrium price","choices":[{"text":"isles","value":"A"},{"text":"is more","value":"B"},{"text":"Remains the source","value":"C"},{"text":"Zero","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133714,"question":"Regarding time element, the normal price has types","choices":[{"text":"One","value":"A"},{"text":"Two","value":"B"},{"text":"Three","value":"C"},{"text":"Four","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133713,"question":"Which one is not condition of perfect competition","choices":[{"text":"Homogeneity of good","value":"A"},{"text":"Difference in price of good","value":"B"},{"text":"Large number of buyers and sellers","value":"C"},{"text":"Perfect knowledge of market","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133712,"question":"At equilibrium price, demand and supply","choices":[{"text":"Increase","value":"A"},{"text":"Become equal","value":"B"},{"text":"Decrease","value":"C"},{"text":"are different","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133711,"question":"That particular price below which price the seller is not ready to sell his commodity, is called","choices":[{"text":"Market price","value":"A"},{"text":"Normal price","value":"B"},{"text":"Reserve price","value":"C"},{"text":"All the three","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133710,"question":"The price at which entrepreneur has a sufficient time to meet the demand, is called","choices":[{"text":"Market price","value":"A"},{"text":"Normal price","value":"B"},{"text":"Reserve price","value":"C"},{"text":"Normal price","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133709,"question":"Price determined with the equilibrium of demand and supply on some day","choices":[{"text":"Short period price","value":"A"},{"text":"Long period price","value":"B"},{"text":"Market price","value":"C"},{"text":"Normal price","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133708,"question":"Usually market price is ____________ normal price","choices":[{"text":"Equal to","value":"A"},{"text":"Less than","value":"B"},{"text":"More than","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133707,"question":"Market equilibrium is determined when","choices":[{"text":"Demand = supply","value":"A"},{"text":"Demand > supply","value":"B"},{"text":"Demand < supply","value":"C"},{"text":"Demand = zero","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133706,"question":"Who does determine the reserve price","choices":[{"text":"Buyer","value":"A"},{"text":"Seller","value":"B"},{"text":"Government","value":"C"},{"text":"District adminitration","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133705,"question":"If demand and supply both fall in the same proportion","choices":[{"text":"Equilibrium price increases","value":"A"},{"text":"Equilibrium price decreases","value":"B"},{"text":"Equilibrium price does not change","value":"C"},{"text":"Equilibrium quantity increases","value":"D"},{"value":"E"}],"correctAnswer":3}]