Demand MCQs for MBA Test 54 PDF Download

MBA quiz 54 to learn supply and demand test & MCQs. Practice tests for educational assessment on demand, equilibrium in perfect competition, shut down point, broker, sales with MBA skill development courses.

This study guide includes multiple choice questions (MCQ) as when customers raise quantity demanded at a specified price, known as, answer key with choices as decrease in demand, increase in supply, increase in demand and increase in cost to test study skills. For e-learning, study online supply and demand multiple choice questions to practice MCQ based quiz question and answers.

Demand Quiz Worksheet 54 Quiz PDF Download

Demand Quiz

MCQ: When customers raise quantity demanded at a specified price, known as

  1. decrease in demand
  2. increase in supply
  3. increase in demand
  4. increase in cost

C

Equilibrium in Perfect competition Quiz

MCQ: Point where market demands will be same to market supply

  1. equilibrium in perfect competition
  2. equilibrium in imperfect competition
  3. equilibrium competition
  4. all of answers are correct

A

Shut Down Point Quiz

MCQ: Short run supply curve for a perfectly competitive firm is marginal cost curve at and over the

  1. shutdown point
  2. cost cut profit point
  3. marginal revenue point
  4. elasticity point

A

Broker Quiz

MCQ: A firm that purpose to connect sellers and buyers of foreign currency-denominated bank deposits is entitled

  1. a wholesaler
  2. a broker
  3. a bank
  4. an investor

B

Sales Quiz

MCQ: NOT known as competitive discrimination is

  1. service
  2. product
  3. image
  4. sales

D