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Externality & Market Efficiency Quizzes Online MCQs PDF Download 74

Practice Externality and Market Efficiency quiz questions, externality and market efficiency multiple choice questions and answers PDF to prepare economics exam worksheet 74 for online certificate programs. Practice Externalities quiz with answers, externality and market efficiency multiple choice Questions and Answers (MCQ) to solve externality and market efficiency test with answers for online university degrees. Free externality and market efficiency MCQs, supply curve, economies of scale and international trade, measurement of inequality, what are costs?, externality and market efficiency test prep for master's degree in business administration.

"The act of internalizing the externality is to reduce the burden of those who are affected by", externality and market efficiency Multiple Choice Questions (MCQ) with choices embargo, positive externality, tariff, and negative externality for bachelors degree online. Learn externalities questions and answers with free online certification courses for online business management classes.

Externality & Market Efficiency Questions and Answers PDF Download 74

Externality & Market Efficiency Quiz

MCQ: The act of internalizing the externality is to reduce the burden of those who are affected by

  1. positive externality
  2. embargo
  3. tariff
  4. negative externality

D

What are Costs? Quiz

MCQ: The overall measure of all sources of a company's income, including its sales, for a given period of time is known as

  1. implicit cost
  2. explicit cost
  3. total profit
  4. total revenue

D

Measurement of Inequality Quiz

MCQ: The type of income where the consumer spends which at a level consistent with their expected long term average income is called as

  1. transitory income
  2. permanent income
  3. life cycle hypothesis income
  4. total income

B

Economies of Scale & International Trade Quiz

MCQ: The type of good that experiences an increase in quantity demanded as the real income of an individual or economy rises is known as

  1. inferior good
  2. luxurious good
  3. bad good
  4. normal good

D

Supply Curve Quiz

MCQ: Quantity supplied and prices of a commodity are when drawn on a graph gives you a picture of

  1. supply curve
  2. IS-LM curve
  3. demand curve
  4. isoquant

A