Positive statements are ?

Related Mcqs:

1. On a graph, a positive linear relationship___________________?

   A. moves down to the right
   B. moves up to the left
   C. moves up to the right
   D. moves down to the left

2. A linear consumption function with a positive slope less than one means that if income increases consumption will ?

   A. fall
   B. not change
   C. fluctuate
   D. increase

3. Positive cross elasticities suggest that goods are ____ and negative cross-elasticities that goods are ?

   A. substitutes inferior
   B. normal, complements
   C. substitutes complements
   D. normal, inferior

4. A positive, dynamic effect of economic integration is illustrated by ?

   A. trade diversion effect
   B. increased monopoly power of firms
   C. decrease customs costs
   D. economy-of-scale effect

5. If the marginal revenue is Positive ?

   A. Selling another unit will increase total revenue
   B. Selling another unit will increase profits
   C. Selling another unit will increase costs
   D. Selling another unit will increase average revenue

6. With a positive externality ?

   A. There is under-consumption in the free market
   B. There is over consumption in the free market
   C. The government may tax to decrease production
   D. Society could be made off it less was produced

7. A positive externality affects market efficiency in a manner similar to a ?

   A. rival good
   B. public good
   C. private good
   D. common resource

8. To internalize a positive externality an appropriate public policy response would be to ?

   A. ban the good creating the externality
   B. tax the good
   C. subsidize the good
   D. have the government produce the good until the value of an additional unit is zero

9. Which of the following expenditures to enhance productivity is most likely to emit a positive externality ?

   A. Megabank buys a new computer
   B. Naila pays her university tuition fees.
   C. OGDC leases a new oil field
   D. Indus Motors buys a new drill press

10. The positive relationship between price and quantity supplied is called:_________?

    A. Profit
    B. a change of supply
    C. a shift to the supply curve
    D. the law of supply

    Submitted by: Md. Rezaul Islam