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MCQs: A primary reason that explains the appreciation in the value of U.S dollar would be ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: In the presences of purchasing power parity, if one-dollar exchanges for 2 British pounds and if a DVD player costs $400 in the United States then in Britain the DVD player should cost ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Relatively high real interest rates in the United States tend to ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If a Big Mac hamburger sells for the same dollar value in New York as in London then ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: The relationship between the exchange rate and the prices of tradable goods is known as the ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If the income elasticity of demand for a good is negative it must be ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If there is excess capacity in a production facility it is likely that the firm’s supply curve is ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Technological improvements in agriculture that shift the supply of agricultural commodities to the right tend to ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: A decrease in supply (shift to the left) will increase total revenue in that market if ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If a supply curve for a good is price elastic then ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: The demand for which of the following is likely to be the most price inelastic ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: in general a flatter demand curve is more likely to be ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: The price elasticity of demand is defined as ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If consumers think that there are very few substitutes for a good, then ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If demand is linear (a straight line) then price elasticity of demand is ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Suppose that at a price of Rs 30 per month there are 30000 subscribers to cable television in small Town. If small Town Cablevision raise its price to Rs 40 per month the number of subscribers will fall to 20000 At which of the following price does small Town Cablevision earn the greatest total revenue ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Suppose that at a price of Rs 30 per month there are 30000 subscribers to cable television in small Town. If small Town Cablevision raises its price Rs40 per month the number of subscribers will fall to 20000 Using the midpoint method for calculating the elasticity what is the price elasticity of demand for cable TV in Small Town ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If supply is price inelastic the value of the price elasticity of supply must be ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If consumers always spend 15 percent of their income on food. then the income elasticity of demand for food is ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If an increase in the price of a good has no impact on the total revenue in that market demand must be ?
Category: Economics Mcqs, Published by: teswesm
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