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Bachelor of Arts in Economics (BA Economics)

Production possibilities curve does not show:

Question:

Production possibilities curve does not show:

A.

What to produce

B.

How to produce

C.

For whom to produce

D.

Productive potential under conditions of underemployment

Answer» d. Productive potential under conditions of underemployment

Note: The above multiple-choice question is for all general and Competitive Exams in India

Production possibilities curve does not show: Read More »

» Micro Economics 1 solved MCQs

Marshalian cardinal utility analysis assumes

Question:

Marshalian cardinal utility analysis assumes

A.

marginal utility of money is zero

B.

marginal utility of money is decreasing

C.

marginal utility of money is increasing

D.

marginal utility of money is constant

Answer» d. marginal utility of money is constant

Note: The above multiple-choice question is for all general and Competitive Exams in India

Marshalian cardinal utility analysis assumes Read More »

» Micro Economics 1 solved MCQs

The problem of scarcity and choice making can be depicted using the tool of ___ curve.

Question:

The problem of scarcity and choice making can be depicted using the tool of ___ curve.

A.

Demand

B.

Isoquant

C.

Indifference

D.

Production possibility

Answer» d. Production possibility

Note: The above multiple-choice question is for all general and Competitive Exams in India

The problem of scarcity and choice making can be depicted using the tool of ___ curve. Read More »

» Micro Economics 1 solved MCQs