MCQs: Who defined Economics as a 'Science which studies human behaviour as a relationship between ends and means which have alternative uses?
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MCQs: A mixed economy is characterised by the co-existence of:
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MCQs: Which is not an essential feature of a socialist economy?
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MCQs: Which of the following is incorrect?
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MCQs: Microeconomics deals with the:
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MCQs: Which of the following is Microeconomics concerned with?
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MCQs: Formulation of an economic theory involves:
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MCQs: An economic theory is:
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MCQs: Identify the aspect of taxation which is related to normative economics:
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MCQs: Demand for a commodity refers to a:
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MCQs: Contraction of demand is the result of:
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MCQs: All but one of the following are assumed to remain the same while drawing an individual's demand curve for a commodity. Which one is it?
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MCQs: Which of the following pairs of commodities is an example of substitutes?
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MCQs: In the case of a straight-line demand curve meeting the two axes, the price-elasticity of demand at the mid-point of the line would be:
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MCQs: The Law of Demand, assuming other things to remain constant, establishes the relationship between:
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MCQs: Identify the factor which generally keeps the price-elasticity of demand for a commodity now:
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MCQs: Identify the coefficient of price-elasticity of demand when the percentage increase in the quantity of a commodity demanded is smaller than the percentage fall in its price:
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MCQs: In the case of an inferior good, the income elasticity of demand is:
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MCQs: In respect of which of the following category of goods is consumer's surplus highest?
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MCQs: Total utility is maximum when:
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