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Economics Exam Prep: Mock Test 44

PPF Multiple Choice Questions (MCQs) PDF Download - 44

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The PPF MCQ with Answers PDF (PPF Multiple Choice Questions (MCQs) PDF e-Book) download Ch. 33-44 to learn Economics online courses. Solve Thinking Like An Economist Quiz Answers PDF, ppf Test for online bachelor's degree in business management. The PPF MCQ Quiz App Download: Free Economics App to study some determinants of equilibrium wage, between monopoly and perfect competition, different kinds of goods, international economic theories and policies, ppf test prep to learn online classes courses.

The MCQ: The two end-points of PPF are being drawn to show the "PPF" App (Free Android & iOS) with answers: extreme possibilities, equilibrium, extreme negation, and no relationship for online bachelor's degree in business management. Study thinking like an economist questions and answers to improve problem solving skills for online bachelor's degree in administration.

PPF MCQ Quiz with Answers PDF Download: Test 44

MCQ: 216

The two end-points of PPF are being drawn to show the

  1. equilibrium
  2. extreme possibilities
  3. no relationship
  4. extreme negation
MCQ: 217

The network of people that trade individually with each other is known as

  1. mortgage market
  2. over-the-counter market
  3. foreign market
  4. inter bank market
MCQ: 218

A parable that illustrates why common resources are used more than is desirable from the standpoint of a society as a whole is known as

  1. internalizing the externality
  2. tragedy of the commons
  3. natural monopoly
  4. revealed preference
MCQ: 219

A situation in which firms choose their best strategy given the strategies chosen by the other firms in the market is called

  1. equilibrium
  2. pareto efficiency
  3. ceteris paribus
  4. Nash equilibrium
MCQ: 220

All combinations of risk and wages that yield the same level of utility is known as

  1. isoquant
  2. indifference curve
  3. iso-profit line
  4. marginal profit line

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