CSS Economics Solved Mcqs


Q.  Equilibrium:

a. Is a state that can never be achieved in economics
b. Is an important idea for predicting economic changes
c. Is a stable condition
d. Is an unstable condition


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Under perfect competition:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  The necessary condition for equilibrium position of a firm is:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  When a competitive firm achieves long run equilibrium then:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  The most efficient scale of production of a firm is where:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  A firm should shut down in the short run if it is not covering its:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Elinor Ostrom and Oliver Williamson are the Nobel Prize Laureates in Economics in 2009. Do you know in which year was Francois Quesnay's Tableu Economique published?
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Identify the author of 'The Principles of Political Economy and Taxation':
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Who is generally regarded as the founder of the 'Classical School'?
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Identify the economist who had little formal education and started working in the money market at an early age of fourteen.
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  'The labour of Nature is paid, not because she does much, but because she does little. In proportion as she becomes niggardly in her gifts, whe exacts a greater price for her work.' Who made this observation?
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Who first raised fears of a world food shortage?
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  When was Adam Smith's major work 'An Enquiry into the Nature and Causes of Wealth of Nations' published?
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
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?
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  'Rent is a creation of value, not of wealth.' Who made this observation?
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  In which year was the first volume of Das Capital be Karl Marx published?
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  The Critique of Political Economy, the first fruits of Karl Marx's long painstaking research at the British Museum, appeared in:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  The Communist Manifesto, written jointly by Marx and Engel's, was published in:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Who stated explicitly for the first tirr the law of comparative costs?
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Identify the school founded by Wilhelm Roscher:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  One of the following economists do not belong to the Austrian School. Identify him:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm