|
MCQs: Marginal revenue is always less than price at all levels of output in:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: Which of the following is not a characteristic of perfect competition?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: When marginal revenue is zero, total revenue:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: A firm decides to exit the industry when:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: In monopoly and perfect competition the cost curves are:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: Normal profit is called normal because:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: If a firm shuts down temporarily, it will incur loss equal to:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: Under perfect competition:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: The necessary condition for equilibrium position of a firm is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: When a competitive firm achieves long run equilibrium then:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: The most efficient scale of production of a firm is where:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: A firm should shut down in the short run if it is not covering its:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: Elinor Ostrom and Oliver Williamson are the Nobel Prize Laureates in Economics in 2009. Do you know in which year was Francois Quesnay's Tableu Economique published?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: Identify the author of 'The Principles of Political Economy and Taxation':
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: Who is generally regarded as the founder of the 'Classical School'?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: Identify the economist who had little formal education and started working in the money market at an early age of fourteen.
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: 'The labour of Nature is paid, not because she does much, but because she does little. In proportion as she becomes niggardly in her gifts, whe exacts a greater price for her work.' Who made this observation?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: Who first raised fears of a world food shortage?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: When was Adam Smith's major work 'An Enquiry into the Nature and Causes of Wealth of Nations' published?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
|
MCQs: The real price of every thing, what every thing really costs to the man who wants to require it, is the toil and trouble of acquiring it. Who made this statement?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
