Economics Mcqs | Miscellaneous Economics Mcqs

The law of diminishing returns assumes ?

Byadmin May 31, 2019September 11, 2021

The law of diminishing returns assumes ?

A. There are no fixed factors of production
B. There are no variable factors of production
C. Utility is maximised when marginal product falls
D. Some factors of production are fixed

Miscellaneous Economics Mcqs

In modern society death has acquired to some extent a sense of_____________?

In modern society death has acquired to some extent a sense of_____________?

A. meaninglessness
B. ordinariness
C. unnaturalness
D. appropriateness

Read More In modern society death has acquired to some extent a sense of_____________?
And Income Inequality | Economics Mcqs | Malnutrition | Poverty

_________ is below the income that secures the bare essentials of food clothing and shelter ?

_________ is below the income that secures the bare essentials of food clothing and shelter ?

A. Income inequality
B. Absolute poverty
C. sen’s poverty index
D. purchasing power poverty

Read More _________ is below the income that secures the bare essentials of food clothing and shelter ?
Economics Mcqs | Trade Regulations And Industrial Policies

Under free trade suppose that Japan can supply radios t mexico at the price of $45 Therefore, Mexico’s imports equal ?

Under free trade suppose that Japan can supply radios t mexico at the price of $45 Therefore, Mexico’s imports equal ?

A. 5 radios
B. 10 radios
C. 15 radios
D. zero radios

Read More Under free trade suppose that Japan can supply radios t mexico at the price of $45 Therefore, Mexico’s imports equal ?
Economics Mcqs | Population And Development

A stationary population is when population growth is ?

A stationary population is when population growth is ?

A. increasing at an increasing rate
B. decreasing
C. zero
D. 100%

Read More A stationary population is when population growth is ?
Basic of Economics | Economics Mcqs

The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?

The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?

A. Breton Wood method
B. Free market exchange rate
C. Atlas method of exchange rate
D. Open market exchange rate

Read More The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?
Economics Mcqs | Non-Tariff Trade Barriers

The reason for dumping is that the demand curve for ABC Co’s computers is _______ because ________ are available from other nations?

The reason for dumg is that the demand curve for ABC Co’s computers is _______ because ________ are available from other nations?

A. more elastic in Japan, more substitutes are available from other nations
B. more elastic in Japan, fewer substitutes are available from other; nations
C. more inelastic in Japan; more substitutes are available from other; nations
D. more inelastic in Japan; fewer substitutes are available from other nations

Read More The reason for dumping is that the demand curve for ABC Co’s computers is _______ because ________ are available from other nations?

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