Question # 1

In the short run films t in perfect competition will still produced provided:

Choose an answer

The price covers averages variable cost

The Price covers variables cost

The price covers average fixed cost

The price covers fixed costs

For a perfectly competitive firm:

Choose an answer

Price equals marginal revenue

Price is greater than marginal revenue

Price equals total revenue

Price equals total cost

Which of these is an example of hindsight?

Choose an answer

Reading about the outbreak of WWII and then saying Europe should have stood up to Hitler at the Munich Conference

Thinking you have an important history exam but as there is no future in history you don't bother revising

Planning your day extremely carefully thinking about the potential outcome of each and every event

None of these

Who said ''Socialism in lime a hat that has lost its shape because everybody wears it.?

Choose an answer

Laski

Joad

Marx

Gandhi

What does the term''contingency workforce'' mean?

Choose an answer

Employees who work on whatever tasks are most essential at that moment

Employees who are expected to travel a great deal for their employers

Temporary employees who are hired for only as long as they needed

None of these

A simple correlation can defined as the tendency of?

Choose an answer

Independent variation

Dependent variation

Simultaneous variation

Instantaneous variation

An increase in cost will:

Choose an answer

Shift aggregate demand

Shift aggregate supply

Reduce the natural rate of Unemployment

Increase the natural rate of unemployment

The prices elasticity of demand coefficient indicates:

Choose an answer

Buyer responsiveness to price changes

The extent to which a demand curve shifts as incomes changes

The slope of he demand curve

How far business executive can stretch their fixed costs

What is a hard currency?

Choose an answer

Whose external value is increasing

Which can be acquired only with official permission

Which can be obtained only against sale of gold

Which is accepted in International transactions

Which of the following is not an item of transfer payment?

Choose an answer

Pension

Scholarship

Dividend

Subsidy

Ina parliamentary form of government minsters are appointed by:

Choose an answer

The head of he state at his discretion

The head of the government

The legislature

the head of he state on the recommendation of the head of the government

More Classes

Other Links

Terminology Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer