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Deadweight Loss of Taxation Quiz Question and Answers 7 PDF Download

Learn deadweight loss of taxation quiz, online economics test 7 for online courses, distance learning. Free BBA economics MCQs questions and answers to learn deadweight loss of taxation MCQs with answers. Practice MCQs to test knowledge on deadweight loss of taxation, different kinds of goods, between monopoly & perfect competition, externality & market efficiency worksheets.

Free deadweight loss of taxation course worksheet has multiple choice quiz question as when a market transaction is taxed, seller receives with options high price, zero price, high tax rate and low price with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study cost of taxation multiple choice questions based quiz question and answers.

Quiz on Deadweight Loss of Taxation Worksheet 7

Deadweight Loss of Taxation Quiz

MCQ. When a market transaction is taxed, seller receives

  1. high price
  2. zero price
  3. high tax rate
  4. low price

D

Different Kinds of Goods Quiz

MCQ. If enough people can enjoy a good without paying for cost then there is a danger that, in a free market, good will be under-provided or not provided at all, this results in

  1. free rider problem
  2. rivalry
  3. revealed preference
  4. deficit resources

A

Between Monopoly & Perfect Competition Quiz

MCQ. A type of activity performed like why two individuals might not cooperate, even if it appears that it is in their best interest to do so is best example for

  1. game theory
  2. Nash equilibrium
  3. prisoner's dilemma
  4. dominant strategy

C

Deadweight Loss of Taxation Quiz

MCQ. Taxes are efficient when they are imposed for a

  1. longer period
  2. 1 month
  3. shorter period
  4. 10 days

C

Externality & Market Efficiency Quiz

MCQ. Externalities can also not be cured by government intervention but by developing

  1. people
  2. money
  3. private solutions
  4. inflation

C