Skip to content
AnsweringExams.Com
  • Home
  • Contact Us / Report Error
  • Disclaimer

The equilibrium price clears the market it is the price at which _________________?

September 6, 2021May 26, 2019 by admin
The equilibrium price clears the market it is the price at which _________________?

A. Everything is sold
B. Buyers spend all their money
C. Quantity demanded equal quality supplied
D. Excess demanded equals quantity
E. C and D

Categories Economics Mcqs, Introduction To Economics

When we know the quantity of a product that buyers wish to purchase at each possible price we know_____________?

September 6, 2021May 26, 2019 by admin
When we know the quantity of a product that buyers wish to purchase at each possible price we know_____________?

A. Demand
B. Supply
C. Excess demand
D. Excess supply

Categories Economics Mcqs, Introduction To Economics

On a graph, a positive linear relationship___________________?

September 6, 2021May 26, 2019 by admin
On a graph, a positive linear relationship___________________?

A. moves down to the right
B. moves up to the left
C. moves up to the right
D. moves down to the left

Categories Economics Mcqs, Introduction To Economics

If you income during one year is Rs10,000 and the following year it is Rs12,000 then it has grown by ________________?

September 6, 2021May 26, 2019 by admin
If you income during one year is Rs10,000 and the following year it is Rs12,000 then it has grown by ________________?

A. 20%
B. 2%
C. 12%
D. 16%

Categories Economics Mcqs, Introduction To Economics

The retail price index is used to__________________?

September 6, 2021May 26, 2019 by admin
The retail price index is used to__________________?

A. construct price lists
B. compare shop prices
C. measure changes in the cost of living
D. None of the above

Categories Economics Mcqs, Introduction To Economics

Data are important in economics because _________ and ____________?

September 6, 2021May 26, 2019 by admin
Data are important in economics because _________ and ____________?

A. they suggest relationships for explanation, allow testing of hypotheses
B. they can be used for tables, they can be graphed
C. they can be used in computers governments use them
D. they provide interesting information can be summarized

Categories Economics Mcqs, Introduction To Economics

If marginal benefit is greater than marginal cost, a rational choice involves ?

September 6, 2021May 26, 2019 by admin
If marginal benefit is greater than marginal cost, a rational choice involves ?

A. no more of the activity.
B. less of the activity
C. more of the activity
D. more or less, depending on the benefits of other activities

Categories Economics Mcqs, Introduction To Economics

Normative economics Forms ________ based on ________?

September 6, 2021May 26, 2019 by admin
Normative economics Forms ________ based on ________?

A. positive statements, facts
B. oions personal facts
C. positive statements values
D. oions facts

Categories Economics Mcqs, Introduction To Economics

In a free market?

September 6, 2021May 26, 2019 by admin
In a free market?

A. government intervenes
B. government plan production
C. government interferes
D. Prices adjust to reconcile scarcity and desires

Categories Economics Mcqs, Introduction To Economics

The opportunity cost of a good is______________?

September 6, 2021May 26, 2019 by admin
The opportunity cost of a good is______________?

A. the time lost in finding it
B. the quantity of other goods sacrificed to get another unit of that good
C. the expenditure on the good
D. the loss of interest in using savings

Categories Economics Mcqs, Introduction To Economics
Older posts
Newer posts
← Previous Page1 … Page7,216 Page7,217 Page7,218 … Page11,180 Next →
© 2026 AnsweringExams.Com • Built with GeneratePress