Economics Practice Test 67
Deadweight Loss of Taxation Quiz PDF: Questions and Answers - 67
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The Quiz: In case there is no imposition of tax, the value of tax revenue will be equals to; "Deadweight Loss of Taxation" App Download (Android & iOS) Free with answers price, unity, zero and infinity for online economics classes. Practice cost of taxation questions and answers to improve problem solving skills for online schools for business management degrees.
Deadweight Loss of Taxation Questions and Answers PDF Download: Quiz 67
MCQ 331: In case there is no imposition of tax, the value of tax revenue will be equals to
- unity
- price
- zero
- infinity
MCQ 332: The structure of a market that deals only with a single seller, selling a unique product or service is known as
- oligopoly
- free market
- monopoly
- imperfect market
MCQ 333: When the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity is known as
- implicit cost
- explicit cost
- total profit
- total cost
MCQ 334: Price discrimination is very much effective when there are two condition i.e.
- distinct markets and elasticity of demand varies
- distinct markets and elasticity of supply varies
- distinct markets and elasticity of demand is constant
- distinct markets and elasticity of supply is constant
MCQ 335: The type of equilibrium that deals with the determination of price and quantity of all the markets in economy is known as
- general equilibrium
- partial equilibrium
- zero equilibrium
- pareto efficiency
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Principles of Marketing Quiz with Answers
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Deadweight Loss of Taxation Quiz Book Questions
- Responsiveness of the quantity demanded for a good or service to a
- Type of tariff which let increases the costs to sell the domestic
- Difference between the total amount that consumers are willing and able to
- Accounting system that requires every business transaction or event to be recorded
- An area within which goods may be landed, handled, manufactured or reconfigured,
- Overall measure of all sources of a company's income, including its sales,