Economics Practice Test 76
Factor Intensity Factor Abundance and Shape of Frontier Curve Multiple Choice Questions (MCQ) PDF - 76
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The MCQ Quiz: Model that runs in short run in which capital and land inputs are fixed but labor acts as variable input in production is known as; "Factor Intensity Factor Abundance & Shape of Frontier Curve" App APK Download (Free) with answers hecksher-ohlin model, demand and supply model, specific-factor model and leontief paradox for online economics masters programs. Study factor endowments and hecksher-ohlin theory questions and answers to improve problem solving skills for BS degree in business administration.
Factor Intensity Factor Abundance & Shape of Frontier Curve Questions and Answers PDF Download: Quiz 76
MCQ 376: The model that runs in short run in which capital and land inputs are fixed but labor acts as variable input in production is known as
- demand and supply model
- hecksher-ohlin model
- specific-factor model
- Leontief paradox
MCQ 377: If economy gets affected by any un-related third party's consequences can be called an
- externality
- economies of scale
- incentive
- business cycle
MCQ 378: If the firm's varying costs are greater than the revenues it is getting but producing is the situation where a firm will
- get normal profit
- get abnormal profit
- loss
- shut down
MCQ 379: The type of situation when a firm charges a different price to different groups of consumers for an identical good or service, for reasons not associated with costs of supply is called as
- profit maximization
- price leadership
- price discrimination
- public ownership
MCQ 380: An expenditure that refers to the purchase of such goods which enhance overall production capacity in the domestic economy is known as
- saving function
- consumption function
- investment function
- money demand function
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Principles of Marketing Quiz with Answers
- Economies consuming their own industrial outputs are known as
- Pricing issues within channel levels includes
- 'Harley-Davidson' which marketed bikes for female segment of market is an example of
- In the product life cycle maturity stage, the marketing objective is to
- Buying of products such as 'fast food' is an example of
- Company and brand positioning must be stated in
Factor Intensity Factor Abundance & Shape of Frontier Curve Quiz Book Questions
- When the country's imports more goods, services and capital than it exports, it is called
- Profit made by a government from the printing of money, literally the
- Theory of utilitarianism is based on the concept of
- It is usually the requirement that buyers and sellers get legally authorized to pay taxes by
- A guaranteed minimum income plan where federal income subsidies are provided to
- Another rate of effective exchange rates that is collected on the basis