A. Resource price
B. Techniques of production
C. Taxes a subsidies
D. All
Related Mcqs:
- A supply curve shifts because of change in_____________________?
A. The price of the related products
B. Technology
C. Both a and b
D. None of these - The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?
A. Depreciation
B. Downsizing
C. Rightsizing
D. All - The intersection of the supply curve and demand curve indicates ?
A. Market equilibrium
B. Market demand
C. Market condition
D. None - Activities of central bank designed to influence financial variables such as money supply and interest rates?
A. Fiscal policy
B. Economic policy
C. Monitory policy
D. None - A legally determined price above the equilibrium price is__________________?
A. Floor price
B. Ceiling price
C. Equilibrium price
D. None - The branch of economics which analyze govt. revenues and expenditures is__________________?
A. Public revenue
B. Public finance
C. Public good
D. None - A market in which products households sell and firms buy resources or the services of resources is__________________?
A. Resource market
B. Product market
C. Consumer market
D. Producer market - A film on economics in which economists study and observe the details of an economic unit or a very small judgment of economy is__________________?
A. Macroeconomic
B. Micro economic
C. Positive economic
D. Normative economic - Allocative efficiency is__________________?
A. Producing all output combinations in least costly way
B. Producing the specific output mix most desired by society
C. Producing the desired things
D. None - In less developed nations economic dependency burden is__________________?
A. 65 % of the population
B. 55 % of the population
C. 35 % of the population
D. 45 % of the population
