Economics e-Book's MCQs - Complete
Production Possibility Frontier with Increasing Costs App Download (Quiz) & e-Book PDF - 52
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MCQ:
The amount by which the quantity of one input has to be reduced when one extra unit of another input is used, so that output remains constant is known as?
- marginal rate of transformation
- marginal rate of technical substitution
- marginal rate of substitution
- marginal opportunity costs
b
Economics App & e-Book Tests PDF Download
Measurement of Inequality Test 63
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Externality and Market Efficiency Test 65
Between Monopoly and Perfect Competition Test 66
Some Determinants of Equilibrium Wage Test 67
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Comparative Advantage and Trade Test 69
Effects of Tariff Test 70
World Price and Comparative Advantage Test 71
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