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MCQ 101: The type of investment that accounts both raw and finished items is known as:

  1. direct investment
  2. foreign investment
  3. planned investment
  4. inventory investment

MCQ 102: A case of elasticity that is either be equal to unity or greater than unity or less and vice versa is known as:

  1. elasticity of demand
  2. inelasticity of demand
  3. elasticity of supply
  4. inelasticity of supply

MCQ 103: Most of the production functions do not have straight lines and are:

  1. positive increasing
  2. positive decreasing
  3. negative decreasing
  4. curved

MCQ 104: The type of industry where a single firm is able to supply a product or service at a lower cost as compare to the other firms prevailing in the market is known as:

  1. natural monopoly
  2. monopoly resources
  3. oligopoly
  4. price leadership

MCQ 105: The proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it is known as:

  1. marginal propensity to save
  2. investment function
  3. marginal propensity to consume
  4. saving function

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