PPF Quizzes Online MCQs PDF Download 44
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"The two end-points of PPF are being drawn to show the", ppf Multiple Choice Questions (MCQ) with choices extreme possibilities, equilibrium, no relationship, and extreme negation to study online educational courses. Learn thinking like an economist questions and answers with free online certification courses for online BBA degree.
PPF Questions and Answers PDF Download 44
MCQ: The two end-points of PPF are being drawn to show the
- equilibrium
- extreme possibilities
- no relationship
- extreme negation
B
MCQ: The network of people that trade individually with each other is known as
- mortgage market
- over-the-counter market
- foreign market
- inter bank market
B
MCQ: A parable that illustrates why common resources are used more than is desirable from the standpoint of a society as a whole is known as
- internalizing the externality
- tragedy of the commons
- natural monopoly
- revealed preference
B
MCQ: A situation in which firms choose their best strategy given the strategies chosen by the other firms in the market is called
- equilibrium
- pareto efficiency
- ceteris paribus
- Nash equilibrium
D
MCQ: All combinations of risk and wages that yield the same level of utility is known as
- isoquant
- indifference curve
- iso-profit line
- marginal profit line
B