MCQs: if demand is price inelastic ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: The price elasticity of demand is a negative number this means ?
Category: Economics Mcqs, Published by: teswesm
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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 ?
Category: Economics Mcqs, Published by: teswesm
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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 ?
Category: Economics Mcqs, Published by: teswesm
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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 ?
Category: Economics Mcqs, Published by: teswesm
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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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MCQs: An increase in aggregate demand if aggregate supply is totally inelastic will ?
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MCQs: When excess demand occurs in an unregulated market, there is a tendency for ?
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MCQs: Which of the following is consistent with the law of supply ?
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MCQs: If the demand for coffee decreases as income decreases, coffee is ?
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MCQs: When the decrease in the price of one good causes the demand for another good to decrease, the goods are_________?
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MCQs: The quantity demanded of Pepsi has decreased. The best explanation for this is that ?
Category: Economics Mcqs, Published by: teswesm
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