- quota licenses are given to foreign exporting companies
- quota licenses are auctioned to the highest bidding importing company
- if quota licenses are given to domestic consumers of the good
- Both A and C
Correct Answer is:
quota licenses are auctioned to the highest bidding importing company
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- marginal revenue product
- marginal physical product
- marginal cost
- wage
Correct Answer is:
marginal revenue product
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- They are accepted by most people
- They act as receipts
- They can be written for any amount
- They can be sent safely by post
Correct Answer is:
They are accepted by most people
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- Call price
- Bid price
- Term Price
- Future Price
Correct Answer is:
Call price
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- books
- movies
- segregation of boys and girls in certain activities
- all of the above
Correct Answer is:
all of the above
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- water space air
- earth wind fire
- animal vegetable object
- technology time efficiency
Correct Answer is:
technology time efficiency
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Economics MCQs for NTS, FPSC, CSS, PPSC, PMS, UTS, FTS, OTS, Economy, Finance, Accounting, MBA, BBA of past papers
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- enhances
- undermines
- encourages
- facilitates
Correct Answer is:
undermines
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- destabilizing
- stabilizing
- inflationary
- deflationary
Correct Answer is:
stabilizing
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- Newspapers
- Television
- Direct Mail
- Radio
Correct Answer is:
Direct Mail
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Correct Answer is:
euro
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- Economic profit
- Accounting profit
- Normal profit
- Supernormal profit
Correct Answer is:
Normal profit
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- land
- labor
- capital
- entrepreneurship
Correct Answer is:
capital
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- Marxism
- Social Darwinism
- Classical liberalism
- Classical conservatism
Correct Answer is:
Classical conservatism
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