[{"id":133704,"question":"If demand falls more proportionately then that of supply then","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":2},{"id":133703,"question":"If demand and supply both rise in the same proportion, then","choices":[{"text":"Equilibrium price decreases","value":"A"},{"text":"Equilibrium price does not change","value":"B"},{"text":"Equilibrium price increases","value":"C"},{"text":"Equilibrium quantity decreases","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133702,"question":"If supply rises more proportionately than that of demand, then","choices":[{"text":"Equilibrium price increases","value":"A"},{"text":"Equilibrium price decreases","value":"B"},{"text":"Equilibrium price does not change","value":"C"},{"text":"Equilibrium quantity decreases","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133701,"question":"If demand rises more proportionately than that of supply, then","choices":[{"text":"Equilibrium price increases","value":"A"},{"text":"Equilibrium price decreases","value":"B"},{"text":"Equilibrium price does not change","value":"C"},{"text":"Equilibrium quantity decreases","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133700,"question":"If demand does not change, then due to fall of supply","choices":[{"text":"Equilibrium price increases","value":"A"},{"text":"Equilibrium price decreases","value":"B"},{"text":"Equilibrium quantity increases","value":"C"},{"value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133699,"question":"If demand does not change, then due to rise of supply","choices":[{"text":"Equilibrium price increases","value":"A"},{"text":"Equilibrium price decreases","value":"B"},{"text":"Equilibrium price does not change","value":"C"},{"text":"Equilibrium quantity decreases","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133698,"question":"If supply does not change, then due to fall of demand","choices":[{"text":"Equilibrium price decreases","value":"A"},{"text":"Equilibrium price increases","value":"B"},{"text":"Equilibrium price does not change","value":"C"},{"text":"Equilibrium quantity increases","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133697,"question":"If supply does not change, then due to rise of demand","choices":[{"text":"Equilibrium price increases","value":"A"},{"text":"Equilibrium price decreases","value":"B"},{"text":"Equilibrium price does not change","value":"C"},{"text":"Equilibrium quantity decreases","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133696,"question":"If supply is fixed then due to fall of demand","choices":[{"text":"Equilibrium price decreases","value":"A"},{"text":"Equilibrium quantity increases","value":"B"},{"text":"Equilibrium price increases","value":"C"},{"text":"Equilibrium price does not change","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133695,"question":"Supply of perishable goods is","choices":[{"text":"More elastic","value":"A"},{"text":"less elastic","value":"B"},{"text":"Perfectly inelastic","value":"C"},{"text":"infinite elasticity of supply","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133694,"question":"The supply curve of Fish is","choices":[{"text":"More elastic","value":"A"},{"text":"Less elastic","value":"B"},{"text":"Inelastic","value":"C"},{"text":"Infinite elastic","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133693,"question":"If same amount of good is supplied at higher price, it is called","choices":[{"text":"Expansion of supply","value":"A"},{"text":"Contraction of supply","value":"B"},{"text":"Fall in supply","value":"C"},{"text":"Rise in supply","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133692,"question":"The cause of shifting of supply curve is","choices":[{"text":"Change in price","value":"A"},{"text":"Other factors","value":"B"},{"text":"change in serving","value":"C"},{"text":"change in demand","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133691,"question":"Which one is increasing function of price","choices":[{"text":"Demand","value":"A"},{"text":"Supply","value":"B"},{"text":"Utility","value":"C"},{"text":"Consumption","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133690,"question":"According to law of supply which factor changes the supply","choices":[{"text":"cost of producton","value":"A"},{"text":"price","value":"B"},{"text":"climatic conditions","value":"C"},{"text":"level of income","value":"D"},{"value":"E"}],"correctAnswer":1}]