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Some Determinants of Equilibrium Wage Quiz Questions and Answers PDF p. 22

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Some Determinants of Equilibrium Wage quiz questions and answers, some determinants of equilibrium wage MCQs with answers PDF 22 to solve Economics mock tests for online college programs. Solve Earnings and Discrimination trivia questions, some determinants of equilibrium wage Multiple Choice Questions (MCQ) for online college degrees. Some Determinants of Equilibrium Wage Quiz PDF: growth of factors of production, partial equilibrium analysis, taxes and efficiency, people face trade offs, some determinants of equilibrium wage test prep for online colleges for business administration.

"The price of a good or service at which quantity supplied is equal to quantity demanded, also called the equilibrium price is known as" MCQ PDF with choices efficient prices, nash equilibrium prices, premium prices, and market clearing prices for online bachelor's degree in administration. Practice earnings and discrimination questions and answers to improve problem solving skills for business administration and management colleges.

Quiz on Some Determinants of Equilibrium Wage MCQs

MCQ: The price of a good or service at which quantity supplied is equal to quantity demanded, also called the equilibrium price is known as

Nash equilibrium prices
efficient prices
premium prices
market clearing prices

MCQ: When we give up some product or service to get something we desire is known as

psychology
incentive
trade off
economics

MCQ: A tax system that imposes small dead weight loss and also little of administrative burdens is known as

effective tax system
partial tax system
dead weight loss
bad tax system

MCQ: The concept that relates with the prices of exports of a country relative to the prices of its imports is calls as

balance of trade
balance of payments
terms of trade
term of balance

MCQ: When a country produces more exports and buys more imports will causes the offer curves to

move upward
shifts
move
constant

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