If a large number of individuals are affected by an external benefit, private bargaining will not work because of ?

Byadmin May 31, 2019September 11, 2021

If a large number of individuals are affected by an external benefit, private bargaining will not work because of ?

A. non-rivalry
B. the free-rider problem
C. the Coase theorem
D. the fallacy of composition

Economics Mcqs | Supply and Demand

The income elasticity is +2 and income increases by 20% sales were 5000 units, what will they be now ?

The income elasticity is +2 and income increases by 20% sales were 5000 units, what will they be now ?

A. 3000
B. 7000
C. 5500
D. 4500

Read More The income elasticity is +2 and income increases by 20% sales were 5000 units, what will they be now ?
Costs | Economics Mcqs | Supply And Perfect Competition

The competitive firm maximize profit when it produces output up to the point where ?

The competitive firm maximize profit when it produces output up to the point where ?

A. price equals average variable cost
B. marginal revenue equals average revenue
C. marginal cost equals total revenue
D. marginal cost equals marginal revenue

Read More The competitive firm maximize profit when it produces output up to the point where ?
Economics Mcqs | International Factor Movements And Multinational Corporations

The market power effect of an international joint venture can lead to welfare losses for the domestic economy unless offset by cost reductions. Which type of cost reduction would not lead to offsetting welfare gains for the overall economy ?

The market power effect of an international joint venture can lead to welfare losses for the domestic economy unless offset by cost reductions. Which type of cost reduction would not lead to offsetting welfare gains for the overall economy ?

A. R&D generating welfare improved technology
B. development of more productive machinery
C. new work rules promoting workers efficiency
D. lower wages extracted from workers

Read More The market power effect of an international joint venture can lead to welfare losses for the domestic economy unless offset by cost reductions. Which type of cost reduction would not lead to offsetting welfare gains for the overall economy ?
Basic of Economics | Economics Mcqs

The amount that is paid for carriage of goods by chips, railways, airways etc is called ?

The amount that is paid for carriage of goods by chips, railways, airways etc is called ?

A. Hire and Fire
B. Rent
C. Transportation Changes
D. Freight

Read More The amount that is paid for carriage of goods by chips, railways, airways etc is called ?
Basic of Economics | Economics Mcqs

“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?

“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?

A. A bond with a longer time to maturity
B. A certificate of deposit whose principal is payable at maturity
C. A certificate of deposit with a shorter time to maturity
D. certificate of deposit with a longer time to maturity

Read More “Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?
Economics Mcqs | Surplus

If a market generates a side effect or externlity then free market solutions ?

If a market generates a side effect or externlity then free market solutions ?

A. maximize producer surplus
B. are efficient
C. are inefficient
D. are equitable

Read More If a market generates a side effect or externlity then free market solutions ?

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