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MCQs: Total utility is maximum when:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If the demand for a commodity is inelastic, an increase in its price will cause the total expenditure of the consumers of the commodity to:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If regardless of changes in its price, the quantity demanded of a commodity remains unchanged, then the demand curve for the commodity will be:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: In the case of a Giffen good, the demand curve will be:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: The budget-line is also known as the:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: Which one is not a assumption of the theory of demand based on analysis of indifference curves?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: The elasticity of substitution between two perfect substitutions is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: The consumer is in equilibrium at a point where the budget line:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: An indifference curve slopes down towards right since more of one commodity and less of another result in:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: The Revealed Preference Theory deduces the inverse price-quantity relationship from:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: Which of the following statements is incorrect?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: Production is a function of:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: An ISO-product curve slopes:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: A vertical supply curve parallel to the price axis implies that the elasticity of supply is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: The supply of a commodity refers to:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: Which cost increases continuously with the increase in production?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: Which of the following cost curves is never Un-shaped?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: Total costs in the short-term are classified into fixed costs and varibale costs. Which one of the following is a variable cost?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: In the short term, when the output of a firm increases, its average fixed cost:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: A significant property of the Cobb - Douglas production function is that the elasticity of substitution between inputs is:
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