PREVIOUS YEAR SOLVED PAPERS - December 2018

(A) is incorrect, but (R) is correct.

Both (A) and (R) are correct, but (R) is not the right explanation of (A).

(A) is correct, but (R) is incorrect.

Both (A) and (R) are correct and (R) is the right explanation of (A).

Exploiting the knowledge based global economy

Population control measures

Growing Indian transnational corporations

Clean environment

Earning net profit in all possible situations.

Charging different prices from different categories of buyers of the same product.

Attempting to stall entry of other firms in the market.

Lower output at a higher cost in a normal profit situation.

(iv), (ii), (v), (iii), (i)

(i), (ii), (iv), (v), (iii)

(ii), (iv), (v), (i), (iii)

(ii), (i), (iv), (v), (iii)