MCQs: The price elasticity of supply is +4 The price increases by 15% sales were originally 200 units What will they be now ?
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MCQs: An increase in productivity should ?
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MCQs: An increase in the costs of production will ?
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MCQs: A supply curve that starts at the origin has ?
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MCQs: If a 4% increase in price leads to a increase in the quantity supplied of 8% ?
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MCQs: For a normal good ?
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MCQs: if demand is price inelastic ?
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MCQs: The price elasticity of demand is a negative number this means ?
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MCQs: If the cross elasticity of demand is -2 ?
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MCQs: The price decrease from Rs 2,000 to Rs 1,800 Quantity demanded per year increases 5000 to 6000 units. Which of the following is correct ?
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MCQs: If a product is an inferior good ?
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MCQs: An increase in price all other things unchanged leads to ?
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MCQs: An increase in income should ?
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MCQs: According to the law of diminishing utility ?
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MCQs: A fall in price ?
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MCQs: When the market operates without interference, price increases will distribute what is available to those who are willing and able to pay the most. This process is known as ?
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MCQs: If the cross-price elasticity of demand between two goods is negative, then the two goods are ?
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MCQs: The price of burgers increase by 22% and the quantity of burgers demanded falls by 25% This indicates that demand for burgers is ?
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MCQs: The price of apples falls by 5% and quantity demanded increases by 6% This means that demand is ?
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MCQs: A movement along the demand curve to the left may be caused by ?
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