Which one of the following is correct for the cost-input graph of

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 Multiple Choice QuestionsMultiple Choice Questions

1.

Which on of the followings years the modern cotton textile mill was first of all established in Maharashtra ?

  • 1850

  • 1854

  • 1858

  • 1862


2.

Which one of the following conditions Alfred Weber introduced in his concept of "Locational Traingle" ?

  • Both R1 and R2 are found universally.

  • R1 is fixed but R2 is found everywhere and both are pure.

  • Both R1 and R2 are fixed and pure.

  • Both R1 and R2 are fixed and gross (where R1 and R2 are the two materials)


3.

Among the following scholars, who introduced the concept of 'least-transport-cost location' using the frame of "locational triangle" ?

  • W.Isard

  • M.K.Bandman

  • D.M.Smith

  • A.Weber


4.

Which one of the following factors most dominant in the localisation of high-tech firms of silicon valley of California ?

  • Cheap Labour

  • Access to the market

  • High Speed transportation

  • Agglomeration economy


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5.

Which one of the following categories of urban land use as given graph has the highest gradient of its economic rent at 2km distance ?

                          

  • Greenland

  • Residential 

  • Industrial

  • Commercial


6.

Which one of the following authors initiated concept of "Isodapane" in space economy ?

  • A. LÕsch

  • A. Weber

  • E.Hoover

  • T. Planer


7.

Which one of the following is not a major industrial centre ?

  • Coimbatore

  • Kolkata

  • Mumbai

  • Madurai


8.

Which one of the following transport networks depicts : Vertices 6 , Edges 6 , Diameter 3 ?

    

  • A

  • C

  • D

  • B


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9.

Which one of the following indices is used to indicate if the optimal location was closer to either raw material source or the market ?

  • Material Index

  • Labour Cost Index

  • Relative Spread Index

  • Weighted Index


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10.

Which one of the following is correct for the cost-input graph of industrial production system , where point of profit maximising output is :

  • Marginal cost is not equal to marginal revenue

  • Average cost equals average revenue

  • Marginal cost equals marginal revenue

  • Total cost equals total revenue


C.

Marginal cost equals marginal revenue


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