CSS Economics Solved Mcqs

Q.  A decrease in demand causes the equilibrium price to:

a. Rise
b. Fall
c. Remain constant
d. Indeterminate


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Which of the following is not a characteristic of perfect competition?
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MCQs:  When was Adam Smith's major work "An Enquiry into the Nature and Causes of Wealth of Nations" published?
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MCQs:  "The real price of every thing, what every thing really costs to the man who wants to require it, is the toil and trouble of acquiring it. Who made this statement?
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