Economics Practice Test 16
What are Costs? Multiple Choice Questions (MCQ) PDF - 16
Apps:
The What are Costs? MCQ with Answers PDF Download (What are Costs? Multiple Choice Questions (MCQs) PDF e-Book) Ch. 16 to study Economics online courses. Solve Cost of Production Quiz Answers PDF, what are costs? Test for online learning. The What are Costs? MCQ Quiz App Download: Free certification app for elasticity and tax incidence, production possibility frontier with increasing costs, what are costs? test prep for accredited online business schools.
The MCQ Quiz: When resources are valued, costs show how much these resources would earn if used in their best alternative uses is known as; "What are Costs?" App Download (Play Store & App Store) with answers ‘opportunity cost principle’, ‘lump sum principle’, ‘economic profit’ and ‘accounting profit’ for online masters in economics. Study cost of production questions and answers to improve problem solving skills for online BBA degree.
What are Costs? Questions and Answers PDF Download: Quiz 16
MCQ 76: When resources are valued, the costs show how much these resources would earn if used in their best alternative uses is known as
- lump sum principle
- opportunity cost principle
- economic profit
- accounting profit
MCQ 77: The ratio of the marginal opportunity costs of two commodities can be known by
- slop of PPF
- slope of isoquant
- slope of budget line
- slope of an indifference curve
MCQ 78: A tax burden will always be heavily imposed where market is
- elastic
- slightly elastic
- inelastic
- slightly inelastic
MCQ 79: The amount of a good that a consumer is willing to give up for another good, as long as the new good is equally satisfying is known as
- marginal rate of transformation
- marginal rate of technical substitution
- marginal rate of substitution
- marginal opportunity costs
MCQ 80: The difference between the values of imports and exports refers to
- Balance of trade
- quota
- Balance of payments
- taxes
Mock Tests: Principles Of Marketing Course Prep
What are Costs? Learning App: Free Download Android & iOS
The App: What are Costs? MCQ App to learn What are Costs? MCQ, BBA Economics MCQs App, and Marketing Management MCQs App. The free "What are Costs?" App to download Android & iOS Apps includes complete analytics with interactive assessments. Download App Store & Play Store learning Applications & enjoy 100% functionality with subscriptions!
Cost Accounting MCQs eBook Download
Principles of Marketing Practice Questions
- Analyzing Marketing Environment Quiz
- Business Markets and Buyer Behavior Quiz
- Company and Marketing Strategy Quiz
- Competitive Advantage Quiz
- Consumer Markets and Buyer Behavior Quiz
- Customer Driven Marketing Strategy Quiz
- Direct and Online Marketing Quiz
- Global Marketplace Quiz
- Introduction to Marketing Quiz
Principles of Marketing Quiz with Answers
- Most successful products are those which are
- Lexus targets customer regardless of the country in which they lived -
- Services provided by medical and legal specialists are considered as
- Management of new product development strategy includes
- Sales promotion tools used to stimulate purchase, motivate salespeople and generate business
- Top management sets the company's
What are Costs? Quiz Book Questions
- A good that is excludable but non-rivalrous like access to private parks
- A period when income or receipts exceed outlays or expenditures is known as
- Restriction on trade by increasing the price of imports of one's country is known as
- Type of investment that accounts both raw and finished items is known as
- Price of a good or service at which quantity supplied is equal
- An increasing foreign direct investment can leads to more of