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Economics Practice Test 38

Production Possibility Frontier with Increasing Costs MCQ (Multiple Choice Questions) PDF - 38

The Book Production Possibility Frontier with Increasing Costs Multiple Choice Questions and Answers (MCQs), Production Possibility Frontier with Increasing Costs MCQs PDF Download, Free Ch. 38 to learnEconomics online courses. Study Standard Theory of International Trade MCQ Questions PDF, production possibility frontier with increasing costs Test for online courses. The Production Possibility Frontier with Increasing Costs MCQs App Download: Free educational app for markets are usually good way to organize economic activity, market efficiency, economies of scale and international trade, growth of factors of production, production possibility frontier with increasing costs test prep for online BBA degree.

The MCQs: Curve that restricts to produce to improve the efficiency of the economy is known as; "Production Possibility Frontier with Increasing Costs" App Download (iOS & Android) Free with answers isoquants, indifference curves, production possibility frontier and is-lm curve to learn online classes courses. Practice standard theory of international trade questions and answers to improve problem solving skills for master's degree in business administration.

Production Possibility Frontier with Increasing Costs Questions and Answers PDF Download: Quiz 38

MCQ 186: The curve that restricts to produce to improve the efficiency of the economy is known as

  1. indifference curves
  2. isoquants
  3. production possibility frontier
  4. IS-LM curve

MCQ 187: The relationship between wealth and nation's welfare is always

  1. negatively sloped
  2. positively sloped
  3. zero relationship
  4. stagnant relationship

MCQ 188: The practice in which different companies reduces costs by transferring portions of work to outside suppliers rather than completing it internally is known as

  1. outreaching
  2. outsourcing
  3. off shoring
  4. international trade

MCQ 189: The concept regarding to equality or idea of fairness in economics, particularly in regard to taxation or welfare economics is called as

  1. efficiency
  2. equilibrium
  3. surplus
  4. equity

MCQ 190: Where firm desire whom to hire and what to produce is called

  1. leadership
  2. market economy
  3. monopoly
  4. wealth of nations

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Production Possibility Frontier with Increasing Costs App (Android & iOS)

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