MCQs
Total Questions : 874
| Page 6 of 88 pages
Answer: Option B. -> Price
Answer: Option B. -> An increase in total revenue
Answer: Option C. -> Supply decreases and demand increases
Answer: Option D. -> Opportunity cost
Answer: Option D. -> 25% decrease in quantity demanded
Answer: Option B. -> Increase in the price of the commodity concerned
Answer: Option A. -> Ratio between price and marginal cost
Answer: Option C. -> Both demand and supply
Answer: Option C. -> The good is a substitute
Answer: Option C. -> The price of the commodity under consideration