Economics Practice Test 101
Partial Equilibrium Analysis Quiz Questions and Answers PDF Download - 101
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The Quiz MCQ: The type of tariffs which are used to restrict trade as they increase the price of imported good, making them more expensive to consumers is known as; "Partial Equilibrium Analysis" App Download (Free) with answers: Specific tariff; Ad valorem tariff; Import tariff; Export tariff; for online colleges for business management. Solve international trade policy questions and answers to improve problem solving skills to learn distance learning courses.
Partial Equilibrium Analysis Questions and Answers PDF Download: MCQ 101
The type of tariffs which are used to restrict trade as they increase the price of imported good, making them more expensive to consumers is known as
- ad valorem tariff
- specific tariff
- import tariff
- export tariff
"Disturb the peace" is another name for a
- positive externality
- public good
- negative externality
- externality
The difference between total revenue and total cost is known to be as
- economic shortage
- economic welfare
- economic profit
- market equilibrium
A type of union that represent the collective interests of workers in negotiations with employers over wages, hours, benefits and working conditions is known as
- capital union
- trade union
- labor union
- company
If any company receives a patent for its any effective product or service for which there is no other close substitute in the market is an example of
- oligopoly
- monopoly
- free market
- imperfect market
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- New-product development process consists of detailed steps and number of steps are
- Niche marketing helps more in
- Royal Caribbean hotel chain which targets families and high energy couples is an example of
- According to promotional mix, method which focuses on building relationships with individual customers to maintain lasting relationship is called
- Segment whose size, purchasing power of customers and profiles of customers in segments can be measured in terms of numerical figures is considered as
Partial Equilibrium Analysis Quiz Book Questions
- An amount that has to be paid or given up in order to get something is called as
- A type of market structure in which employers compete to hire best, and workers compete for best satisfying job is known as
- When a market transaction is taxed, seller receives
- When price of popcorn reduces whereas price of movie tickets increases and vice versa, are to be known as
- Activity because of which each trading partner can goods at cheaper rates than otherwise is called as