CSS Economics Solved Mcqs

Q.  Which of the following is incorrect?

a. A function shows the relationship between two or more variables
b. Normative Economics studies how the economic problems facing society should be solved
c. A market necessarily refers to a meeting place between buyers and sellers
d. Equilibrium refers to the market conditions which once achieved, tend to persist


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MCQs:  Which one is not a assumption of the theory of demand based on analysis of indifference curves?
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MCQs:  The supply of a commodity refers to:
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MCQs:  Which cost increases continuously with the increase in production?
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MCQs:  Which of the following cost curves is never Un-shaped?
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MCQs:  Which of the following is not a feature of iso-product curves? Iso-product curves:
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MCQs:  Some economists refer to iso-product curves as:
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MCQs:  Which one of the following is also known as plant curves?
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MCQs:  What is the shape of the average fixed cost (AFC) curve?
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