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Supply and Demand MCQ Questions and Answers 2 PDF Download

Supply and Demand Multiple Choice Questions (MCQ), supply and demand quiz answers PDF, MBA test prep 2 for online MBA degree programs.

"The price, at which sellers mutually are ready to sell the identical amount as buyers collectively are agreeable to buy, identified as" Multiple Choice Questions (MCQ) on supply and demand with choices equilibrium price, price, market clearing price, and b & c for online executive mba. Practice jobs' assessment test, online learning demand quiz questions for accelerated MBA programs.

MCQs on Supply and Demand Quiz 2 PDF Download eBook

MCQ: price, at which sellers mutually are ready to sell identical amount as buyers collectively are agreeable to buy, identified as

  1. price
  2. equilibrium price
  3. market clearing price
  4. b & c

D

MCQ: Restrictions of law of demand are

  1. change in taste or demand
  2. discovery of substitution
  3. b & c
  4. population size and composition

C

MCQ: Basic rule of economic theory which declares that, all else equal, an augment in price results in a boost in quantity supplied is

  1. law of demand
  2. law of marginal utility
  3. law of supply
  4. none of all of these

C

MCQ: If demand remains unaffected and supply diminish (supply curve shifts to left), a deficiency arise, leading to a

  1. lower equilibrium price
  2. equilibrium price
  3. higher equilibrium price
  4. higher

C

MCQ: If demand increases (demand curve shifts to right) and supply have no alteration, a lack happens, leading to a more

  1. equilibrium price
  2. equilibrium
  3. equilibrium sale
  4. curve of demand

A