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Other Demand Elasticity Questions and Answers PDF Download 69

Practice Other Demand Elasticity trivia questions and answers, other demand elasticity quiz answers PDF to solve economics mock test 69 for online degrees. Practice Elasticity and Its Application trivia questions and answers, other demand elasticity multiple choice Questions and Answers (MCQ) to solve other demand elasticity test with answers for online university degrees. Free other demand elasticity MCQs, externality and market efficiency, taxes and efficiency, functions of foreign exchange market, income determination in closed economy, other demand elasticity test prep for accredited online business management degree.

"If price of X increases and so as the price of Y decreases is known to be as complementary goods and it's elasticity is", other demand elasticity Multiple Choice Questions (MCQ) with choices inelastic cross price elasticity, positive cross price elasticity, negative cross price elasticity, and zero elasticity to study economics certificate courses. Learn elasticity and its application questions and answers with free online certification courses for online BS business administration.

Trivia Quiz on Other Demand Elasticity PDF Download 69

Other Demand Elasticity Quiz

MCQ: If price of X increases and so as the price of Y decreases is known to be as complementary goods and it's elasticity is

  1. positive cross price elasticity
  2. inelastic cross price elasticity
  3. negative cross price elasticity
  4. zero elasticity

C

Income Determination in Closed Economy Quiz

MCQ: The responsiveness of the quantity demanded for a good or service to a change in the income of the people demanding the good, ceteris paribus is known as

  1. income elasticity of demand
  2. price elasticity of demand
  3. cross elasticity of demand
  4. income elasticity of supply

A

Functions of Foreign Exchange Market Quiz

MCQ: In competitive markets free of transportation costs and trade barriers, identical products sold in different countries must sell for the same price when their price is expressed in terms of the same currency is known as

  1. law of one price
  2. purchasing power parity
  3. money supply inflation
  4. dollarization of the economy

A

Taxes & Efficiency Quiz

MCQ: The tax rate you pay when you add all sources of taxable income and divide that number into the amount of taxes you owe is called as

  1. marginal tax rate
  2. average tax rate
  3. total tax rate
  4. partial tax rate

B

Externality & Market Efficiency Quiz

MCQ: The act of a government that encourages advance technological industrial revolution is known as

  1. industrial revolution
  2. technological revolution
  3. technological policy
  4. industrial policy

D