Among the four brands, the highest price for coffee per kilogram is for ?->(Show Answer!)

1. Among the four brands, the highest price for coffee per kilogram is for

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MCQ-> Directions : Read the following information carefully and answer the questions which follow:Small brands are now looking beyond local grocery stores and are tying up with Supermarkets such as Big Bazaar to pull their business out of troubled waters.Directions : These questions are based on the information given above and the sentences labelled A, B, C, D, E and F as given below: A) A smaller brand manufacturing a certain product of quality comparable with that of a bigger brand, makes much more profit from the local grocery stores than from the supermarkets. B) As the supermarkets have been set up only in bigger cities at present, this step would fail to deliver results in the smaller cities. C) Supermarkets help the smaller brands to break into newer markets without investing substantially in distribution. D) Supermarkets charge the smaller brands 10% higher than the amount charged to the bigger brands. E) Being outnumbered by the bigger brands, visibility of the smaller brands at local grocery stores is much lower as compared to the supermarkets. F) Smaller brands are currently making substantial losses in their businesses.Which of the following can be inferred from the given information? (An inference is something that is not directly stated but can be inferred from the given information.)
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MCQ-> Read the passage given below and answer the following questionsFirms are said to be in perfect competition when the following conditions occur: (1) many firms produce identical products; (2) many buyers are available to buy the product, and many sellers are available to sell the product; (3) sellers and buyers have all relevant information to make rational decisions about the product being bought and sold; and (4) firms can enter and leave the market without any restrictions—in other words, there is free entry and exit into and out of the market.A perfectly competitive firm is known as a price taker, because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors. When a wheat grower, wants to know what the going price of wheat is, he or she has to go to the computer or listen to the radio to check. The market price is determined solely by supply and demand in the entire market and not the individual farmer. Also, a perfectly competitive firm must be a very small player in the overall market, so that it can increase or decrease output without noticeably affecting the overall quantity supplied and price in the market.A perfectly competitive market is a hypothetical extreme; however, producers in a number of industries do face many competitor firms selling highly similar goods, in which case they must often act as price takers. Agricultural markets are often used as an example. The same crops grown by different farmers are largely interchangeable. According to the United States Department of Agriculture monthly reports, in 2015, U.S. corn farmers received an average price of $6.00 per bushel and wheat farmers received an average price of $6.00 per bushel. A corn farmer who attempted to sell at $7.00 per bushel, or a wheat grower who attempted to sell for $8.00 per bushel, would not have found any buyers. A perfectly competitive firm will not sell below the equilibrium price either. Why should they when they can sell all they want at the higher price?Source: Principles of Economics, Download for free at http://cnx.org/content/col11613/latest.According to the passage, why is a perfectly competitive firm a price taker?
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MCQ-> Answer questions based on information that is provided.Read the following newspaper report: In a new study by Harvard School of Public Health (HSPH), researchers explored how caffeine can serve as a “mild anti - depressant”. They concluded that “drinking several cups of coffee daily appears to reduce the risk of suicide”. Data pulled in from three large studies in the US showed that the suicide risk of those who drank two to four cups of caffeinated coffee a day was about half of those who drank decaffeinated coffee or very little or no coffee. In the studies, a respondent’s caffeine consumption was assessed every four years through a questionnaire. The respondents were all adults, and the study was published online. The authors, however, cautioned the public from increasing coffee intake as it could result in “unpleasant side effects”. “Overall, our results suggest that there is little further benefit for consumption above two to three cups/day or 400 mg of caffeine/day,” wrote the researchers. The authors observed that there` was no major difference in suicide risk for adults who drank two to three cups a day from those who drank four cups or more. Which of the following shaped graph would best capture the above paragraph(x - axis represents “coffee intake” and “Y - axis represents “suicidal tendency”)?....

MCQ->Among the four brands, the highest price for coffee per kilogram is for....

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