TOP 20 QUESTIONS ON ECONOMICS
|
|
|
- Domenic Rogers
- 5 years ago
- Views:
Transcription
1 TOP 20 QUESTIONS ON ECONOMICS
2 1. Name the market where there are large number of buyers and sellers of Homogeneous product? A. Monopoly B. Perfect competition C. Monopolistic D. Oligopoly
3 1. Name the market where there are large number of buyers and sellers of Homogeneous product? A. Monopoly B. Perfect competition C. Monopolistic D. Oligopoly
4 2. In which market the difference between Industry & Firms disappears? A. Monopolistic B. Perfect competition C. Oligopoly D. Monopoly
5 2. In which market the difference between Industry & Firms disappears? A. Monopolistic B. Perfect competition C. Oligopoly D. Monopoly
6 3. Heterogeneous ( वज त य) is a feature of which market? A. Perfect competition B. Monopoly C. Monopolistic D. None of the above
7 3. Heterogeneous ( वज त य) is a feature of which market? A. Perfect competition B. Monopoly C. Monopolistic D. None of the above
8 4. Demand curve under perfect competition is- A. Perfectly elastic B. Perfectly Inelastic C. Both A & B correct D. Both A & B in correct
9 4. Demand curve under perfect competition is- A. Perfectly elastic B. Perfectly Inelastic C. Both A & B correct D. Both A & B in correct
10 5. When there is exactly two sellers of a good and large number of buyers then that type of market is known as? A. Duopoly B. Oligopoly C. Monopoly D. Monopolistic
11 5. When there is exactly two sellers of a good and large number of buyers then that type of market is known as? A. Duopoly B. Oligopoly C. Monopoly D. Monopolistic
12 6. Toothpaste is a product of which type of market form? A. Monopoly B. Oligopoly C. Duopoly D. Monopolistic
13 6. Toothpaste is a product of which type of market form? A. Monopoly B. Oligopoly C. Duopoly D. Monopolistic
14 7. Under which market form, firm is a price taker? A. Perfect competition B. Monopoly C. Oligopoly D. Monopolistic
15 7. Under which market form, firm is a price taker? A. Perfect competition B. Monopoly C. Oligopoly D. Monopolistic
16 8. Few large Firms collectively decide the level of output and prices and still retain their individual identity. Identity is the type of market? A. Monopoly B. Monopolistic C. Oligopoly D. Perfect competition
17 8. Few large Firms collectively decide the level of output and prices and still retain their individual identity. Identity is the type of market? A. Monopoly B. Monopolistic C. Oligopoly D. Perfect competition
18 9. When a producer charges different prices from different customers for the same product and at the same time. Then the firm is exercising? A. Price competition B. Non price competition C. Price discrimination D. None of these
19 9. When a producer charges different prices from different customers for the same product and at the same time. Then the firm is exercising? A. Price competition B. Non price competition C. Price discrimination D. None of these
20 10. In which type of market advertising expenses are the least? A. Monopoly B. Monopolistic C. Oligopoly D. Duopoly
21 10. In which type of market advertising expenses are the least? A. Monopoly B. Monopolistic C. Oligopoly D. Duopoly
22 11. What is/are the objective of Budget? A. Reallocation of Resources B. Economic stability C. Management of public enterprises D. All of the above
23 11. What is/are the objective of Budget? A. Reallocation of Resources B. Economic stability C. Management of public enterprises D. All of the above
24 12. Tax receipt is the part of- A. Revenue receipt B. Capital receipt C. Both are correct D. Both are incorrect
25 12. Tax receipt is the part of- A. Revenue receipt B. Capital receipt C. Both are correct D. Both are incorrect
26 13. Which item doesn't fall in the category of direct taxes? A. Income tax B. Property tax C. Service tax D. Corporate tax
27 13. Which item doesn't fall in the category of direct taxes? A. Income tax B. Property tax C. Service tax D. Corporate tax
28 14. Subsidies falls in the category of - A. Capital expenditure B. Revenue expenditure C. Capital receipt D. Revenue receipt
29 14. Subsidies falls in the category of - A. Capital expenditure B. Revenue expenditure C. Capital receipt D. Revenue receipt
30 15. Which union finance minister of india presented budget most of times? A. R.k. shanmukh shetty B. Pranab mukherjee C. Arun jaitley D. Morar ji desai
31 15. Which union finance minister of india presented budget most of times? A. R.k. shanmukh shetty B. Pranab mukherjee C. Arun jaitley D. Morar ji desai
32 16. Ideal fiscal deficit according to economists of country's GDP is- A. 3% B. 2% C. 4%. D. 1%
33 16. Ideal fiscal deficit according to economists of country's GDP is- A. 3% B. 2% C. 4%. D. 1%
34 17. In India budget is presented every year on? A. Last day of February B. First day of February C. First day of March D. First day of April
35 17. In India budget is presented every year on? A. Last day of February B. First day of February C. First day of March D. First day of April
36 18. When revenue expenditure exceeds revenue receipts the situation is known as? A. Fiscal deficit B. Revenue deficit C. Surplus budget D. Balanced budget
37 18. When revenue expenditure exceeds revenue receipts the situation is known as? A. Fiscal deficit B. Revenue deficit C. Surplus budget D. Balanced budget
38 19.When expenditure total exceeds total receipts then the situation is known as? A. Balanced budget B. Surplus budget C. Fiscal deficit D. Primary deficit
39 19.When expenditure total exceeds total receipts then the situation is known as? A. Balanced budget B. Surplus budget C. Fiscal deficit D. Primary deficit
40 20. When the receipts do not create any liability to the govt then those receipt belongs to? A. Capital receipt B. Revenue receipt C. Both A & B D. Both A & B are wrong
41 20. When the receipts do not create any liability to the govt then those receipt belongs to? A. Capital receipt B. Revenue receipt C. Both A & B D. Both A & B are wrong
http:/// Guess Paper 2014 Class XII Subject Economics Total Marks: 100 Time:3 Hours. General Instructions: (i) All questions in both the sections are compulsory. (ii) Marks for questions are indicated
Prof. Ergin Bayrak Spring Homework 2
Econ 203 Prof. Ergin Bayrak Spring 2014 Name: TA: Homework 2 PART I - MULTIPLE CHOICE QUESTIONS 1. Based on the figure below, assuming there are no fixed costs, the firm s marginal product curve slopes
ANSWERS To next 16 Multiple Choice Questions below B B B B A E B E C C C E C C D B
1 ANSWERS To next 16 Multiple Choice Questions below 1 2 3 4 5 6 7 8 9 1 11 12 13 14 15 16 B B B B A E B E C C C E C C D B 1. Economic Profits: a) are defined as profits made because a firm makes economical
Downloaded from
XII ECONOMICS SURE SHOT SHORT ANSWER QUESTIONS MICROECONOMICS UNIT - INTRODUCTION Q. Distinguish between microeconomics and macroeconomics. 3 Q.2 Discuss the central problems of an economy. Why do they
Perfect Competition in the Short-run
Perfect Competition in the Short-run Perfect Competition Monopolistic Competition Oligopoly Pure Monopoly Imperfect Competition Characteristics of Perfect Competition: Many sellers Homogenous/standardized
Six Marks Questions (6 M) 1. Explain the determinants of supply? 2. Explain the relationship between Total Revenue and marginal Revenue using a Schedule and diagram? ********** UNIT IV: FORMS OF MARKET
Interview Preparation Lecture. Venue: Career Launcher Tambaram Centre Date: 26 th January, 2018
Interview Preparation Lecture Venue: Career Launcher Tambaram Centre Date: 26 th January, 2018 Session One Duration: 1.5 hours What to expect from B-schools & what B-schools expects from you Why Economics??
Monetary Theory and Policy
October 16, 2015 1 Basics Problems of Macroeconomics Analysis of Policy Effects 2 Conduct of 3 Explaning Analyzing Definitions Outline Basics Problems of Macroeconomics Analysis of Policy Effects Economics
Foundations of Economics 5 th Edition, AP Edition 2011
A Correlation of 5 th Edition, AP Edition 2011 Advanced Placement Microeconomics and Macroeconomics Topics AP is a trademark registered and/or owned by the College Board, which was not involved in the
ECO401 Quiz # 5 February 15, 2010 Total questions: 15
ECO401 Quiz # 5 February 15, 2010 Total questions: 15 Question # 1 of 15 ( Start time: 09:37:50 PM ) Total Marks: 1 Economic activity moves from a trough into a period of until it reaches a and then into
Foundations of Economics 5 th Edition, AP*Edition 2011
A Correlation of 5 th Edition, AP*Edition 2011 To the Advanced Placement Topics Microeconomics and Macroeconomics *Advanced Placement, Advanced Placement Program, AP, and Pre-AP are registered trademarks
ECONOMICS. Time Allowed: 3 hours Maximum Marks: 100
Sample Paper (CBSE) Series ECO/SP/D Code No. SP/-D ECONOMICS Time Allowed: hours Maximum Marks: 00 General Instructions: (i) All Questions in both the sections are compulsory. However there is internal
ECONOMICS 2016 (A) ( NEW SYLLABUS ) SCHEME OF VALUATION. 1. Prof. Ragnar Frisch 1 1
ECONOMICS 06 (A) ( NEW SYLLABUS ) SCHEME OF VALUATION Subject Code : (N/S) I. PART A. Prof. Ragnar Frisch. Yed q y y q. According to Watson, "production function is the relationship between physical inputs
WORKSHEET. 1. Define micro economics. (1) 2. What do you mean by scarcity of resources? (1) 3. Define MRT. (1) 4. Define opportunity cost.
Marks : 30 WORKSHEET 1. Define micro economics. (1) 2. What do you mean by scarcity of resources? (1) 3. Define MRT. (1) 4. Define opportunity cost. (1) 5. Define PPF. (1) 1 [XII Economics] 6. Explain
Postgraduate Diploma in Marketing June 2012 Examination Specimen Paper Economic and Legal Impact Paper I (Econ)
Postgraduate Diploma in Marketing June 2012 Examination Specimen Paper Economic and Legal Impact Paper I (Econ) Date: ** ** **** Time: 1400 Hrs 1700 Hrs Duration: Three (03) Hrs Total marks for this paper
Question Paper Economics (MB141) : October 2004
Question Paper Economics (MB141) : October 2004 Answer all questions. Marks are indicated against each question. 1. Which of the following circumstances refers to a mixed economy? (a) Prices are fixed
HS: Economics (Sequential) Course Outline
Project Introduction: Different Economic Systems Different Economic Systems Project Introduction 01: What Is Economics? What Is Economics? Scarcity and the Factors of Production Opportunity Cost Production
FEEDBACK TUTORIAL LETTER. 1st SEMESTER 2018 ASSIGNMENT 2 INTERMEDIATE MICRO ECONOMICS IMI611S
FEEDBACK TUTORIAL LETTER 1st SEMESTER 2018 ASSIGNMENT 2 INTERMEDIATE MICRO ECONOMICS IMI611S 1 Course Name: Course Code: Department: INTERMEDIATE MICROECONOMICS IMI611S ACCOUNTING, ECONOMICS AND FINANCE
UNIT 6. Pricing under different market structures. Perfect Competition
UNIT 6 ricing under different market structures erfect Competition Market Structure erfect Competition ure Monopoly Monopolistic Competition Oligopoly Duopoly Monopoly The further right on the scale, the
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level
UNIVERSITY F MRIGE INTERNTINL EXMINTINS General ertificate of Education dvanced Level *0273803258* ENMIS 9708/03 Paper 3 Multiple hoice (Supplement) May/June 2009 dditional Materials: RE THESE INSTRUTINS
Studymate Solutions to CBSE Board Examination
Studymate Solutions to CBSE Board Examination 2017-2018 Series : SGN Code No. 58/1 Roll No. Candidates must write the Code on the title page of the answer-book. 4 Please check that this question paper
New Zealand Economics Competition
New Zealand Economics Competition Tuesday, 19 June 2012 Instructions: 1. Do not open this question booklet until instructed to do so. 2. You have fifty (50) minutes to answer all forty (40) questions.
ECONOMICS-2015 (Annual) CLASS-XII
ECONOMICS-2015 (Annual) CLASS-XII Q.1. Define indifference curve. 1 Ans. An indifferent curve is the locus of point particularly by consumption of goods which yield the same utility to the consumer, so
0iliJ. Economics (Revised Syllabus Pattern 2013) Subject Code Seat No. I I I I I I 2013 III 16. Time: 2% Hours. Total No.
2013 III 16 Time: 2% Hours Total No of Questions: 8 1000 Seat No I I I I I I Economics (Revised Syllabus Pattern 2013) Subject Code 0iliJ (Printed Pages: 9) Maximum Marks: 80 GENERAL INSTRUCTIONS: (i)
EC306 Labour Economics. Chapter 5" Labour Demand
EC306 Labour Economics Chapter 5" Labour Demand 1 Objectives Labour demand in the short run - model, graph, perfectly competitive market Labour demand in the long run - model, graph, scale and substitution
12/2/2009. Market Structures. pure (perfect) competition monopoly monopolistic competition. oligopoly. Characteristics of Pure Competition
/ (Dollars) (Dollars) 12/2/29 Market Structures pure (perfect) competition monopoly monopolistic competition oligopoly Characteristics of Pure Competition 1. Market has SO MANY firms that no single firm
INSTITUTE OF ACTUARIES OF INDIA
INSTITUTE OF ACTUARIES OF INDIA EXAMINATIONS 21 st March 2018 Subject CT7 Business Economics Time allowed: Three Hours (10.30 to 13.30 Hours.) Total Marks: 100 INSTRUCTIONS TO THE CANDIDATES 1. Please
ECONOMICS EXAMINATION OBJECTIVES
ECONOMICS EXAMINATION OBJECTIVES The following objectives of the examination are to test whether the candidates have acquired a basic understanding of economics with special emphasis on Hong Kong conditions
ECONOMICS. Time Allowed: 3 hours Maximum Marks: 100
Sample Paper (CBSE) Series ECO/SP/1B Code No. SP/1-B ECONOMICS Time Allowed: 3 hours Maximum Marks: 100 General Instructions: (i) All Questions in both the sections are compulsory. However there is internal
ANTITRUST ECONOMICS 2013
ANTITRUST ECONOMICS 2013 David S. Evans University of Chicago, Global Economics Group Elisa Mariscal CIDE, ITAM, CPI TOPIC 3: DEMAND SUPPLY & STATIC COMPETITION Date Topic 3 Part 1 7 March 2013 Overview
TERM WISE SYLLABUS SESSION CLASS-XII SUBJECT: ECONOMICS
TERM WISE SYLLABUS SESSION-2018-19 CLASS-XII SUBJECT: ECONOMICS TERM April 2018 to September 2018 CONTENTS PART A: Introductory Microeconomics Unit -1: Introduction: Meaning of microeconomics and macroeconomics
Introduction to Economics
Introduction to Economics Higher School of Economics 2018 Утверждена Академическим советом образовательной программы «5» сентября 2018 г., протокола_1 Академический руководитель образовательной программы
Application of Welfare Analysis: The Costs of Taxation
Application of Welfare Analysis: The Costs of Taxation A tax causes the after-tax price paid by consumers to go up, and the after-tax price received by sellers to go down. The tax causes consumer surplus
Model Question Paper Economics - I (MSF1A3)
Model Question Paper Economics - I (MSF1A3) Answer all 7 questions. Marks are indicated against each question. 1. Which of the following statements is/are not correct? I. The rationality on the part of
Second Edition ROBERT H. FRANK BEN S. BERNANKE LOUIS D. JOHNSTON. Cornell University
Second Edition ROBERT H. FRANK Cornell University BEN S. BERNANKE Princeton University [affiliated] Chairman, Board of Governors of the Federal Reserve System with special contribution by LOUIS D. JOHNSTON
FINAL EXAMINATION ANSWER KEY
William M. Boal Version A FINAL EXAMINATION ANSWER KEY I. Multiple choice (1)b. (2)a. (3)c. (4)d. (5)c. (6)c. (7)a. (8)c. (9)c. (10)d. (11)b. (12)c. (13)b. (14)b. (15)b. (16)a. (17)b. (18)b. (19)b. (20)d.
Determinants of Price Elasticity of Demand... Error! Bookmark not defined. Cross-Price Elasticity of Demand... Error! Bookmark not defined.
ECON1101 Summary I Intro to Microeconomics... 5 Supply and Demand... 6 Price Controls... Error! Bookmark not Price Elasticity of Demand... Error! Bookmark not εd = % QD% P = 1slope PQD... Error! Bookmark
ECS ExtraClasses Helping you succeed. Page 1
Page 1 ECS 1501 Oct/Nov 2014 Exam Recommended Answers 1. 2 2. 2 3. 2 4. 4 5. 1, a movement along the PPC involves an opportunity cost, to produce more of one good the firm has to produce less of the other
ANSWER KEY. 1 a) Distribution Of national product should be equal or unequal ( Ans) 1
Roll Number Code Number:0/1 ANSWER KEY INDIAN SCHOOL MUSCAT THIRD PRELIMINARY EXAMINATION ECONOMICS CLASS: XII Sub. Code: 00 Time Allotted: Hrs 0.02.2018 Max. Marks: 80 SECTION A (MICRO ECONOMICS) 1 a)
EC 202. Lecture notes 14 Oligopoly I. George Symeonidis
EC 202 Lecture notes 14 Oligopoly I George Symeonidis Oligopoly When only a small number of firms compete in the same market, each firm has some market power. Moreover, their interactions cannot be ignored.
Northridge Local Schools 9 12 Social Studies Course of Study. Length: ½ year Credit: ½
Northridge Local Schools 9 12 Social Studies Course of Study Course: Economics and Financial Literacy Grade Level: 10 12 Course Description: Length: ½ year Credit: ½ This course explores the fundamentals
QUICK REVISION. CFA level 1
ECONOMICS QUICK REVISION NOTES CFA level 1 Edited By Sam Economics Keynes: Sticky prices, so if Demand falls, Supply will fall, and employment falls Expenditures GDP: Consumer Spending, Private Investment,
G.C.E. (A.L.) Support Seminar- 2016
G.C.E. (A.L.) Support Seminar- 2016 Economics I Two hours Instructions : Answer all the questions. In each of the questions 1 to 50, pick one of the alternatives from (1), (2), (3), (4) and (5), which
F.A.I.P.S DIVIDED SYLLABUS ECONOMICS (030) CLASS XII
F.A.I.P.S DIVIDED SYLLABUS 2015-2016 ECONOMICS (030) CLASS XII MONTH NO. OF WORKING DAYS UNIT/TOPICS SUB-TOPIC MARCH- APRIL 19 + 21 UNIT I: INTRODUCTION UNIT II: CONSUMER BEHAVIOUR AND DEMAND What is an
THE ASIAN SCHOOL, DEHRADUN
CLASS 12 SUBJECT Economics CHAPTER- 1 Micro (Introduction to Micro Economics MM-30 Q1. Define the following : 1X4 a) PPC b) MRT c) MOC d) Resource Q2. State the causes of Economic problem. 1 Q3. What is
Institute of Certified Management Accountants of Sri Lanka Foundation Level November 2014 Examination
Copyright Reserved Index No.: Institute of Certified Management Accountants of Sri Lanka Foundation Level November 2014 Examination Examination Date : 23 rd November 2014 Number of Pages : 08 Examination
Sample Exam Questions/Chapter 7
Sample Exam Questions/Chapter 7 1. A tax of $20 on an income of $200, $40 on an income of $300, and $80 on an income of $400 is: A) progressive. B) proportional. C) regressive. D) constant-rate. 2. A tax
Figure a. The equilibrium price of Frisbees is $8 and the equilibrium quantity is six million Frisbees.
122 Chapter 6/Supply, Demand, and Government Policies Problems and Applications 1. If the price ceiling of $40 per ticket is below the equilibrium price, then quantity demanded exceeds quantity supplied,
AS/ECON 2350 S2 N Answers to Mid term Exam July time : 1 hour. Do all 4 questions. All count equally.
AS/ECON 2350 S2 N Answers to Mid term Exam July 2017 time : 1 hour Do all 4 questions. All count equally. Q1. Monopoly is inefficient because the monopoly s owner makes high profits, and the monopoly s
SAMPLE QUESTION PAPER 2 ECONOMICS Class XII BLUE PRINT
SAMPLE QUESTION PAPER 2 ECONOMICS Class XII Maximum Marks: 00 Time: 3 hours BLUE PRINT Sl. No. Forms of Questions Content Unit Very Short ( Mark) Short Answer (3,4 Marks) Long Answer (6 Marks) Total. Unit
CFA Program Financial Accounting (Text Book) - Study Plan
CFA Program Financial Accounting (Text Book) - Study Plan S.No 1. Introduction to Accounting and Financial Statements The meaning of Accounting Attributes of Accounting Output of accounting process Use
Topics of work for GCSE (9 1) Economics
Topics of work for GCSE (9 1) Economics Year 1 GCSE Specification Textbook Reference Autumn Introduction to Economics 1. Introduction to Economics Teaching weeks 1.1 Main economic groups and factors of
Lecture 6. Supply, demand, and government policies
Lecture 6 Supply, demand, and government policies By the end of this lecture, you should understand: the effects of government policies that place a ceiling on prices and of those that put a floor under
MACROECONOMICS - CLUTCH CH. 6 - INTRODUCTION TO TAXES.
!! www.clutchprep.com CONCEPT: INTRODUCING TAXES AND TAX INCIDENCE Taxes allow the government to provide public services. Taxes can either be imposed on the buyer or the seller of a good. The tax shifts
Competitive Markets. Market supply Competitive equilibrium Total surplus and efficiency Taxes and subsidies Price maintenance Application: Imports
Competitive Markets Market supply Competitive equilibrium Total surplus and efficiency Taxes and subsidies Price maintenance Application: Imports Three fundamental characteristics 1) Price taking behaviour:
EQ: What is Price Elasticity of Supply?
EQ: What is Price Elasticity of Supply? Price Elasticity of Supply (ES) is a characteristic of a product describing: The degree of change in quantity supplied by producers when there is a change in price.
SAMPLE QUESTION PAPER II ECONOMICS Class - XII BLUE PRINT
SAMPLE QUESTION PAPER II ECONOMICS Class - XII Maximum Marks 100 Time : 3 hrs. BLUE PRINT Sl. No. Form of Very Short Short Answer Long Answer Total Questions (1 Mark) (3, 4 Marks) (6 Marks) Content Unit
ECON 312/302: MICROECONOMICS II Lecture 6: W/C 7 th March 2016 FACTOR MARKETS 1 Dr Ebo Turkson. Chapter 15. Factor Markets Part 1
ECON 312/302: MICROECONOMICS II Lecture 6: W/C 7 th March 2016 FACTOR MARKETS 1 Dr Ebo Turkson Chapter 15 Factor Markets Part 1 1 Topics Competitive Factor Market. Competitive factor and output markets
Final Term Papers. Fall 2009 (Session 03a) ECO401. (Group is not responsible for any solved content) Subscribe to VU SMS Alert Service
Fall 2009 (Session 03a) ECO401 (Group is not responsible for any solved content) Subscribe to VU SMS Alert Service To Join Simply send following detail to bilal.zaheem@gmail.com Full Name Master Program
Unit 3: Costs of Production and Perfect Competition
Unit 3: Costs of Production and Perfect Competition 1 Inputs and Outputs To earn profit, firms must make products (output) Inputs are the resources used to make outputs. Input resources are also called
Noncooperative Market Games in Normal Form
Chapter 6 Noncooperative Market Games in Normal Form 1 Market game: one seller and one buyer 2 players, a buyer and a seller Buyer receives red card Ace=11, King = Queen = Jack = 10, 9,, 2 Number represents
Practice Exam 2 Questions
Questions 1 and 2 refer to the table below: Practice Exam 2 Questions Price Qd Qs $1 1500 500 $2 1000 700 $3 900 900 $4 600 1100 $5 400 1300 $6 300 1400 1. At equilibrium: a) the market price is $5 per
2007 Thomson South-Western
Application: The Costs of Taxation Welfare economics is the study of how the allocation of resources affects economic wellbeing. Buyers and sellers receive benefits from taking part in the market. The
ECONOMICS. Time allowed : 3 hours Maximum Marks : 100 QUESTION PAPER CODE 58/1/1 SECTION - A. 1. Define an indifference curve. 1
ECONOMICS Time allowed : 3 hours Maximum Marks : 100 General Instructions: (i) (ii) (iii) (iv) (v) (vi) All questions in both the sections are compulsory. Marks for questions are indicated against each.
FIRST PUBLIC EXAMINATION
A10282W1 FIRST PUBLIC EXAMINATION Preliminary Examination for Philosophy, Politics and Economics Preliminary Examination for Economics and Management Preliminary Examination for History and Economics SECOND
The Big Picture. Introduction: A Scenario. The Revenue of a Competitive Firm. Firms in Competitive Markets
Firms in Competitive Markets R I N C I L E S O F ECONOMICS F O U R T H E D I T I O N N. G R E G O R Y M A N K I W remium oweroint Slides by Ron Cronovich 8 update Modified by Joseph Tao-yi Wang 8 South-Western,
Econ 100B Spring 2009 Midterm Exam - Version 1 May 5, 2009
Econ 100B Spring 2009 Midterm Exam - Version 1 May 5, 2009 Instructions: Write your name, perm #, TA, and Version # on your Scantron sheet. There are 20 multiple-choice questions on this exam. Answer as
Final Term Papers. Fall 2009 ECO401. (Group is not responsible for any solved content) Subscribe to VU SMS Alert Service
Fall 2009 ECO401 (Group is not responsible for any solved content) Subscribe to VU SMS Alert Service To Join Simply send following detail to bilal.zaheem@gmail.com Full Name Master Program (MBA, MIT or
University of Toronto February 15, ECO 100Y INTRODUCTION TO ECONOMICS Term Test # 3
Department of Economics Prof. Gustavo Indart University of Toronto February 15, 2013 SOLUTIONS ECO 100Y INTRODUCTION TO ECONOMICS Term Test # 3 LAST NAME FIRST NAME STUDENT NUMBER INSTRUCTIONS: 1. The
Review. Overarching Concepts 12/1/2017 4:42 PM. OUTLINE December 4 & 6, Production Possibilities Frontier. Review of Material.
OUTLINE December 4 & 6, 2017 Review of Material Order of file is Micro (pp. 3-33) Then macro (pp. 34-52) We ll go as far as we can Monday & finish on Wednesday PPF Economic Growth Gains from Trade Supply
Induction Course Microeconomics
Induction Course Microeconomics The lectures will provide a fairly rapid revision of basic concepts from microeconomics. If you do not fully understand any of the concepts covered in the lectures then
ECONOMICS. The figures in the margin indicate full marks for the questions
Total No. of Printed Pages 8 HS/XII/A. Com/Ec/14 2 0 1 4 ECONOMICS Full Marks : 100 Time : 3 hours The figures in the margin indicate full marks for the questions General Instructions : (i) Write all the
Econ 100B: Macroeconomic Analysis Fall 2008
Econ 100B: Macroeconomic Analysis Fall 2008 Problem Set #7 ANSWERS (Due September 24-25, 2008) A. Small Open Economy Saving-Investment Model: 1. Clearly and accurately draw and label a diagram of the Small
MICROECONOMICS. Judy A. Whitehead C A global text. Routledge. Taylor &. Francis Group LONDON AND NEW YORK
MICROECONOMICS A global text Judy A. Whitehead C 259875 Routledge Taylor &. Francis Group LONDON AND NEW YORK Contents Preface x Acknowledgements xii List of Figures xiv List of Tables xix List ofboxed
Application: The Costs of Taxation
Application: The Costs of Taxation Chapter 8. Application: The Costs of Taxation Welfare economics is the study of how the allocation of resources affects economic well-being. Buyers and sellers receive
Application: The Costs of Taxation
Application: The Costs of Taxation PowerPoint Slides prepared by: Andreea CHIRITESCU Eastern Illinois University 1 Tax on a good levied (imposed) on buyers curve shifts leftward By the size of tax Tax
Lecture 8. Application: the cost of taxation
Lecture 8 Application: the cost of taxation By the end of this lecture, you should understand: how taxes reduce consumer and producer surplus the meaning and causes of the deadweight loss from a tax why
Geneva CUSD 304 Content-Area Curriculum Frameworks Grades 6-12 Social Studies
Geneva CUSD 304 Content-Area Curriculum Frameworks Grades 6-12 Social Studies Mission Statement It is our belief that Social Studies education is ultimately to prepare students to assume the responsibilities
ECO401 - Economics Glossary By
ECO401 - Economics Glossary By Absolute Advantage : Exists when a country can produce more of a product per resource unit than another country. It is a basis for trade. A country with an absolute advantage
ECON 102 Boyle Final Exam New Material Practice Exam Solutions
www.liontutors.com ECON 102 Boyle Final Exam New Material Practice Exam Solutions 1. B Please note that these first four problems are likely much easier than problems you will see on the exam. These problems
Public Affairs 856 Trade, Competition, and Governance in a Global Economy Lecture 7-9 2/8-15/2016
Public Affairs 856 Trade, Competition, and Governance in a Global Economy Lecture 7-9 2/8-15/2016 Instructor: Prof. Menzie Chinn UW Madison Spring 2017 Increasing Returns to Scale and Monopolistic Competition
Exam #2. Due date: 8 April Instructor: Brian B. Young. 1) 15 pts
Economics 212 Exam #2 Microeconomic Principles Due date: 8 April 2014 The value of an exam returned late on or before 15 April is 90 points. No exam will be accepted after 15 April 2014. Name: The value
4. What two variables are always equal for a profit maximizing firm? Ans: Marginal revenue and marginal cost
SET 1 1. What bubble in the late 1990 s to early 2000 s significantly increased productivity growth in the US? Ans: Dot-com bubble, technology bubble 2. What is a market with only a single buyer called?
Northwestern Economics Tournament
NOTE: This was the actual individual exam given at NET 2017. Please be aware the structure may change for this year. Northwestern Economics Tournament Individual Exam April 1, 2017 NAME: SCHOOL: There
SCMS SCHOOL OF TECHNOLOGY AND MANAGEMENT SCMS Campus, Prathap Nagar, Muttom, Aluva, COCHIN KERALA
SCMS SCHOOL OF TECHNOLOGY AND MANAGEMENT SCMS Campus, Prathap Nagar, Muttom, Aluva, COCHIN- 683 106. KERALA MASTER OF BUSINESS ADMINISTRATION COURSE NAME: Managerial Economics FACULTY: Gopakumar K MBA
May 18, Chapter 12 Money.notebook. Dec 2 8:03 PM. Dec 2 8:10 PM. Dec 2 8:33 PM. Dec 2 8:23 PM
Chapter 12: Money Pages 328 347 Functions of Money: 1) medium of exchange acts as a means of payment when goods are bought and sold. More efficient than the barter system which involves trading one product
SECTION A. 1. Any statement about demand for a good is considered complete only when the following is/are mentioned in it.
1. All questions in both the sections are compulsy. However, there is internal choice in some questions. 2. Marks f questions are indicated against each question. 3. Question nos. 1 to 5 and 16 to 20 are
Centers at Malleshwaram Rajajinagar Yelahanka Mathikere
1. Law of demand explains inverse relationship between a) Price and demand b) Demand and Price c) Income and demand d) Demand and income Samvit Tip: Law of demand states, other things remaining constant
METHODS OF CALCULATING NATIONAL INCOME
1) What is meant by circular flow of income? 1 2) What are the two types of circular flow of income? 1 3) What do you mean by real flow? 1 4) What do you mean by money flow? 1 5) Differentiate between
Come and join us at WebLyceum
Come and join us at WebLyceum For Past Papers, Quiz, Assignments, GDBs, Video Lectures etc Go to http://www.weblyceum.com and click Register In Case of any Problem Contact Administrators Rana Muhammad
Final Term Papers. Fall 2009 (Session 04) ECO401. (Group is not responsible for any solved content) Subscribe to VU SMS Alert Service
Fall 2009 (Session 04) ECO401 (Group is not responsible for any solved content) Subscribe to VU SMS Alert Service To Join Simply send following detail to bilal.zaheem@gmail.com Full Name Master Program
Course Economics and Business Management Prof. Dr. Marius Dannenberg. Chapter 3 Markets and Government in the Global Economy
Course Economics and Business Management Prof. Dr. Marius Dannenberg Chapter 3 Markets and Government in the Global Economy Syllabus: Economics and Business Management Chapter 1 Introduction Understanding
ASHORTCOURSEIN INTERMEDIATE MICROECONOMICS WITH CALCULUS. allan
ASHORTCOURSEIN INTERMEDIATE MICROECONOMICS WITH CALCULUS Roberto Serrano 1 and Allan M. Feldman 2 email: allan feldman@brown.edu c 2010, 2011 Roberto Serrano and Allan M. Feldman All rights reserved 1
Lecture 3: Tax incidence
Lecture 3: Tax incidence Economics 336/337 University of Toronto Public Economics (Toronto) Tax Incidence 1 / 18 Tax incidence in competitive markets What is the economic incidence of a tax on a single
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level ECONOMICS
UNIVERSITY OF MRIGE INTERNTIONL EXMINTIONS General ertificate of Education dvanced Level EONOMIS 9708/03 Paper 3 Multiple hoice (Extension) October/November 2004 dditional Materials: Multiple hoice nswer
VHS AP Economics Syllabus Microeconomics and Macroeconomics Syllabus 33 week course
VHS AP Economics Syllabus Microeconomics and Macroeconomics Syllabus 33 week course Textbook: Krugman, P., & Wells, R., (2006). Economics. NY: Worth Publishers Recommended Reading: Buccholz,, Todd, New
Economics 201. Fall 2016 Double-Oral Auction Experiments Results and Analysis
Economics 201 Fall 2016 Double-Oral Auction Experiments Results and Analysis Design of the Experiment Buyers could buy one widget at price less than or equal to given value. Sellers could sell one widget
Lecture # 14 Profit Maximization
Lecture # 14 Profit Maximization I. Profit Maximization: A General Rule Having defined production and found the cheapest way to produce a given level of output, the last step in the firm's problem is to
2007 Thomson South-Western
Supply, Demand, and Government Policies In a free, unregulated market system, market forces establish equilibrium prices and exchange quantities. While equilibrium conditions may be efficient, it may be
Letter STUDENT NUMBER ECONOMICS. Written examination. Thursday 2 November 2017
Victorian Certificate of Education 2017 SUPERVISOR TO ATTACH PROCESSING LABEL HERE Letter STUDENT NUMBER ECONOMICS Written examination Thursday 2 November 2017 Reading time: 2.00 pm to 2.15 pm (15 minutes)