1. Football was officially included as a competitive game in Olympics in:





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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->Football was officially included as a competitive game in Olympics in:....
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MCQ-> These questions are based on the following information:Children in a class play only one or two or all the three games badminton, football and cricket. 5 children play only cricket, 8 children play only football and 7 children play only badminton. 3 children play only two games badminton and football, 4 children play only two games. Cricket and football and another 4 children play only two games badminton and cricket. 2 children play all the three games.In all how many children play football ?
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MCQ-> Answer the questions given below based on the following data:A total of 250 students of a class play different games viz. Football, Hockey, Chess, Badminton, Table Tennis and Tennis. The ratio of girls to boys in the class of 250 is 13 : 12 respectively. 50% of the girls play Table Tennis and Badminton only. 20% of the boys play Football, Hockey and Tennis only. 15% of the boys play Tennis and Chess only. The ratio of number of girls to boys playing Tennis and Chess only is 2 : 3 respectively. 30% of the girls play Hockey and Chess only. 10% of the girls play Chess, Badminton and Table Tennis only. The remaining girls play only Football. Boys playing Table Tennis and Badminton only is 20% of the girls playing the same. 40% of the boys play only Football. The remaining boys play only Chess.What is the total number of students playing Football?
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