Market & Non-Tariff Trade Barriers Mcqs


Q.  A good example of a public good is ?

a. public transport
b. the national health service
c. national defence
d. rail transport


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  A shift in demand will have more effect on price than quantity if ?
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MCQs:  The price mechanism does not act as a ?
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MCQs:  The price mechanism cannot ?
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MCQs:  A subsidy paid to producers ?
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MCQs:  If the price was fixed below the equilibrium price there would be ?
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MCQs:  A shift in supply will have a bigger effect on price than output if demand is ?
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MCQs:  An increase in income will ?
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MCQs:  An inferior good is one for which an increase in income causes a(n) ?
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MCQs:  Suppose consumer tastes shift toward the consumption of apples Which of the following statements is an accurate description of the impact of this event on the market for apples ?
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MCQs:  Which of the following statements is true about the impact of an increase in the price of lettuce ?
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MCQs:  Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect?
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MCQs:  An increase (rightward shift) in the demand for a good will tend to cause ?
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MCQs:  If the price of good is below the equilibrium price ?
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MCQs:  All of the following shift the supply of watches to the right except ?
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MCQs:  A monopolistic market has ?
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MCQs:  The law of supply states that an increase in the price of a good ?
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MCQs:  If an increase in the price of blue jeans leads to an increase in the demand for tennis shoes, then blue jeans and tennis shoes are ?
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MCQs:  The problem posed by a natural monopoly is that it faces a _____ This means that _______?
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MCQs:  If two firms doing the same thing in the same industry join together, this is known as a ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The social costs of monopoly power arises because ?
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