MCQs: The difference between the present and future worth of money at some time in the future is called __________________?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: Under ordinary simple interest, how many days in one year ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: What refers to the amount of a product made available for sale ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the______________?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the_________________?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: What refers to the need, want or desire for a product backed by the money to purchase it ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: A _____________ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: Aside from many sellers and many buyers, which one is a characteristic of perfect competition ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: What is the opposite of perfect competition ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: Duopoly is a market situation where there is/are____________?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: What is another term for “perfect competition” ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: Duopsony is a market situation where there is/are______________?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: What is the market situation exist when there are many buyers and many sellers ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: Oligopoly exists when there is/are _______________?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: Perfect monopoly exists only if_______________?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: If there are many sellers and few buyers, the market situation is ______________________?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: What market situation exists where there is only one buyer and only one seller ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: If there is only one seller and many buyers, the market situation is ______________________?
Category: Civil Engineering Mcqs, Published by: teswesm
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