Different Kinds of Goods Quiz Questions and Answers PDF Download 100
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Quiz on Different Kinds of Goods PDF Download 100
MCQ: A study that compares the costs and benefits to society of providing a public good is called as
- financial statement
- balance sheet
- equity balance sheet
- cost benefit analysis
D
MCQ: There is a type of market where there are product differentiation because there is no other substitute is called as
- monopoly
- oligopoly
- free market
- imperfect market
A
MCQ: The difference in wages offered to offset the desirability or undesirability of a job is called as
- shifts in labor demand
- compensating differentials
- human capital
- stock capital
B
MCQ: Consumers tastes and preferences are closely related to their implanted information for the goods and services and also with their
- households
- culture
- country/nation
- environment
B
MCQ: More goods to be exported abroad will be an opportunity to gain more
- profit
- comparative advantage
- foreign exchange reserves
- comparative disadvantage
B