Free MCQsLearn App Download - Different Kinds of Goods Quizzes Online MCQs PDF Download 59
Practice Different Kinds of Goods quiz questions, different kinds of goods multiple choice questions and answers PDF to prepare economics exam worksheet 59 for online certificate programs. Practice Public Goods and Common Resources quiz with answers, different kinds of goods multiple choice Questions and Answers (MCQ) to solve different kinds of goods test with answers for online university degrees. Free different kinds of goods MCQs, role of assumptions, what are costs?, functions of foreign exchange market, people face trade offs, different kinds of goods test prep to learn online certificate courses.
"The collective supply of a public good for all means that it cannot be rejected by people is called as", different kinds of goods Multiple Choice Questions (MCQ) with choices private good, public good, non-reject able good, and non-rivalry good to learn online classes courses. Learn public goods and common resources questions and answers with free online certification courses for accredited online business schools.
Different Kinds of Goods Questions and Answers PDF Download 59
MCQ: The collective supply of a public good for all means that it cannot be rejected by people is called as
- public good
- private good
- non-reject able good
- non-rivalry good
C
MCQ: When society can't produce whatever is being demanded, there comes a situation of
- Trade
- Scarcity
- Low efficiency
- Incentive
B
MCQ: Any transaction that creates a demand for the country's currency is known as
- debit transaction
- current transaction
- capital transaction
- credit transaction
D
MCQ: The change in the total output as one additional unit of input is added to production is known as
- average product
- average cost
- marginal product
- marginal cost
C
MCQ: One thing on which economics is based on and makes it more easier is
- assumptions
- studying
- experiments
- principles
A