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Injections ?

September 11, 2021May 31, 2019 by admin
Injections ?

A. Decrease aggregate demand
B. Always equal savings
C. Always equal national income
D. include investment and export spending

Categories Economics Mcqs, Miscellaneous Economics Mcqs

An independent assessment of the impact of firm’s activities on society is called a ?

September 11, 2021May 31, 2019 by admin
An independent assessment of the impact of firm’s activities on society is called a ?

A. Financial audit
B. Balance sheet
C. Profit and loss account
D. Social audit

Categories Economics Mcqs, Miscellaneous Economics Mcqs

If the marginal revenue is Positive ?

September 11, 2021May 31, 2019 by admin
If the marginal revenue is Positive ?

A. Selling another unit will increase total revenue
B. Selling another unit will increase profits
C. Selling another unit will increase costs
D. Selling another unit will increase average revenue

Categories Economics Mcqs, Miscellaneous Economics Mcqs

To be Productively efficient a firm must produce where ?

September 11, 2021May 31, 2019 by admin
To be Productively efficient a firm must produce where ?

A. Marginal costs are maximized
B. Marginal costs are Minimized
C. Average costs are minimized
D. Average costs are maximized

Categories Economics Mcqs, Miscellaneous Economics Mcqs

When marginal revenue equals marginal cost ?

September 11, 2021May 31, 2019 by admin
When marginal revenue equals marginal cost ?

A. Total revenue equals total cost
B. There is the biggest positive difference between total revenue and total cost
C. There is the biggest negative difference between total revenue and total cost
D. Profits are Zero

Categories Economics Mcqs, Miscellaneous Economics Mcqs

To maximise growth without making a loss a firm should produce the highest output where ?

September 11, 2021May 31, 2019 by admin
To maximise growth without making a loss a firm should produce the highest output where ?

A. Average revenue equals marginal cost
B. Average revenue equals average cost
C. Marginal revenue equals marginal cost
D. Average cost equals marginal cost

Categories Economics Mcqs, Miscellaneous Economics Mcqs

If the price elasticity is -0.3 this means ?

September 11, 2021May 31, 2019 by admin
If the price elasticity is -0.3 this means ?

A. Demand is upward slog
B. Demand is price elastic
C. A price fall would increase revenue
D. Demand is price inelastic

Categories Economics Mcqs, Miscellaneous Economics Mcqs

In Price discrimination abnormal profits are made if ?

September 11, 2021May 31, 2019 by admin
In Price discrimination abnormal profits are made if ?

A. Average revenue is greater than average variable cost
B. Average revenue is greater than average cost
C. Average revenue is greater than marginal revenue
D. Average revenue is greater than average fixed cost

Categories Economics Mcqs, Miscellaneous Economics Mcqs

A benefit to consumers of price discrimination is that ?

September 11, 2021May 31, 2019 by admin
A benefit to consumers of price discrimination is that ?

A. Some products are produced that would not otherwise be produced
B. Producer surplus increases
C. Consumer surplus decreases
D. Firm’s profits increase

Categories Economics Mcqs, Miscellaneous Economics Mcqs

If the price elasticity of demand for a product in market A is -0.2 and in market B is -3 a price discriminator will charge ?

September 11, 2021May 31, 2019 by admin
If the price elasticity of demand for a product in market A is -0.2 and in market B is -3 a price discriminator will charge ?

A. The higher price in market A
B. The higher price in market B
C. The same Price in both markets
D. Cannot tell which price will be higher

Categories Economics Mcqs, Miscellaneous Economics Mcqs
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