When cars are offered at low prices but people still do not buy them the situation is one in which______________?

Related Mcqs:

1. People who are suddenly thrust in a situation for which they know no precedent are vulnerable to_______________?

   A. criminal behavior
   B. normative behavior
   C. collective behavior
   D. social behavior

2. By what method were the first cars ever manufactured produced ?

   A. Craft method
   B. Assembly-line method
   C. Lean-production method
   D. Production-line method

3. What percentage of the earth’s people live in low-income areas ?

   A. 10%
   B. 35%
   C. 56%
   D. 5%

4. In a developing nation people start to obtain good jobs Then inflation cuts their income the people begin to feel_________________?

   A. relative deprivation
   B. a failure of rising expectations
   C. euphoria
   D. depression

5. The condition of an increase in prices NOT triggered by an increase in demand is called_______________?

   A. hyperinflation
   B. the Pigou effects
   C. inflation
   D. restraint of trade

6. If the GNP increases by 8% and prices increase by 3% the actual growth rate is_______________?

   A. 11%
   B. 5%
   C. 8%
   D. 3%

7. What forces prices down ?

   A. Large consumer purchasing power
   B. Elastic demand
   C. Inelastic demand
   D. Inferior products

8. The situation in the Middle East is an example of________________?

   A. competition
   B. cooperation
   C. conflict
   D. all of the above

9. A child shows her parents how to operate a computer This situation reflects_____________?

   A. primary socialization
   B. secondary socialization
   C. reverse socialization
   D. tertiary socialization

10. The decline of unskilled factory jobs has increased black unemployment The situation is a result of______________?

    A. structural discrimination
    B. individual discrimination
    C. nature of life
    D. personal discrimination