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MCQs: Inferior goods have _________ and luxury goods have _________?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Positive cross elasticities suggest that goods are ____ and negative cross-elasticities that goods are ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If demand is __________ then price cuts will _________ spending?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Increased levels of spending on imports ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Increase unemployment benefits and less incentive to work would ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Which of the following would decease aggregate demand ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: An increase in aggregate demand will have most effect on prices if ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: A shift in aggregate supply is likely to ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: An increase in price from 25 pence to 30 pence leads to an increase in the quantity supplied from 40 units to 44 units. The price elasticity of supply is ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: An increase in price all other things unchanged leads to ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: A contraction in supply occurs when ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Supply is likely to be more price elastic ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Which best describes a supply curve ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: For an inferior good ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Price increases from 10 to 12 pence and the price elasticity of demand is -0.5 The quantity demanded was 500 units. What will it be now ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: The income elasticity is +2 and income increases by 20% sales were 5000 units, what will they be now ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If the price elasticity of demand is unit then a fall in price ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Average income increase from Rs20,000 p.a to Rs 22,000 p.a Quantity demanded per year increases 5000 to 6000 units. Which of the following is correct ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If a product is a vablen good ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: An increase in the price of a complement for product A would ?
Category: Economics Mcqs, Published by: teswesm
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