Home
Cart
Custom content

This is custom content

Higher Institute of Commerce and Management | HICM BAMBILI

FCFA1,500
Tax excluded

Featuring: 

  • HICM ENTRANCE EXAMINATION 2015 
  • ANSWERS TO HICM ENTRANCE EXAMINATION 2015
  • HICM ENTRANCE EXAMINATION 2014
  • ANSWERS TO HICM ENTRANCE EXAMINATION 2014 
  • HICM ENTRANCE EXAMINATION 2013
  • ANSWERS TO HICM ENTRANCE EXAMINATION 2013
  • HICM ENTRANCE EXAMINATION 2012 
  • ANSWERS TO HICM ENTRANCE EXAMINATION 2012

NUMBER OF PAGES: 57

Note: This Book is a PDF File and so is available online only. Once your Payment is made, you will receive an automatic download link into your email address.

Buy on Whatsapp

OR Click on "Add to Cart" below to purchase right here.

Size Chart

{content_name: 'Higher Institute of Commerce and Management | HICM BAMBILI (EN)', content_ids: ['409'], content_type: 'product', value: 1500, currency: 'XAF'}
Quantity
Add to wishlist

  • Security policy (edit with Customer reassurance module) Security policy (edit with Customer reassurance module)
  • Delivery policy (edit with Customer reassurance module) Delivery policy (edit with Customer reassurance module)
  • Return policy (edit with Customer reassurance module) Return policy (edit with Customer reassurance module)

Guarantee safe & secure checkout

 2015 COMPETITIVE ENTRANCE EXAMINATION

The University of Bamenda

Higher institute of Commerce and Management

Competitive Entrance Examination

Academic Year 2015/2016

ECONOMICS QUESTIONS 50 MARKS

INSTRUCTIONS: write the question number and ONLY the letter that corresponds to the correct answer OR either TRUE or FALSE where applicable 

1. Large minimum efficient scale of plant combined with limited market demand may led to:

A. natural monopoly.                 B. patent monopoly.

C. government franchise monopoly. D. shared monopoly.

2. The non-discriminating pure monopolist’s demand curve:   

            A. is the industry demand curve. 

B. shows a direct or positive relationship between price and quantity demanded.

C. tends to be inelastic at high prices and elastic at low prices.

D. is identical to its marginal revenue curve. 

3. Because of the free-rider problem: 

A. the market demand for a public good is overstated. 

B. the market demand for a public good is nonexistent or unstated. 

C. government has increasingly yielded to the private sector in producing public goods. 

D. public goods often create moral hazard and adverse selection problems. 

4. In the short run a purely competitive firm will always make an economic profit if: 

A. P  = ATC. B. P > AVC. C. P = MC D. P > ATC

5. A firm finds that at its MR = MC output, its TC = 1,000, TVC = 800, TFC = 200, and total revenue is 900. This firm should:

             A. shut down in the short run. 

B. produce because the resulting loss is less than its TFC.

             C. produce because it will realize an economic profit.

            D. liquidate its assets and go out of business.

 

6. If MUa/Pa = 100/$35 = MUb/Pb = 300/? = MUc/Pc = 400/?, the prices of products b and c in consumer equilibrium: 

A. cannot be determined from the information given. 

              B. are $105 and $140 respectively.

C. are $105 and $175 respectively.

             D. are $100 and $200 respectively. 

7. If real GDP in a particular year is 80 billion and nominal GDP is 240 billion, the GDP price index for that year is: 

A. 100. B. 200 C. 240 D. 300

8. The size of the MPC is assumed to be: 

A. Less than zero. B. greater than one. 

C. greater than zero, but less than one D. two or more 

9. If the equation for the consumption schedule is C = 20 + 0.8Y, where C is consumption and Y is disposable income, then the average propensity to consume is 1 when disposable income is: 

Note: This Book is a PDF File and so is available online only. Once your Payment is made, you will receive an automatic download link into your email address. Just click on "Add to Cart" and follow the instructions that follow to purchase this booklet. 

Hicm-bam
9998 Items

Order on Whatsapp

16 other products in the same category:

L'EXCELLENCE EN PHYSIQUE |...

L'EXCELLENCE EN PHYSIQUE | NIVEAU TLE C,D,E ET TI

FCFA6,800
Availability: 97 In Stock

 Conforme au programme officiel, l’ouvrage « L’excellence en Physique Terminale C, D, E, TI » a pour priorité de transmettre aux futurs universitaires une culture scientifique approfondie tout en captivant leur intérêt par une structuration simple et concise dont le souci est d’amener les apprenants à prendre conscience de l’importance de la Physique dans les domaines scientifiques, culturels et économiques de leur environnement.

  L'EXCELLENCE EN PHYSIQUE | NIVEAU TLE C,D,E ET TI est un livre au programme de l’année académique homologué par le ministère de l’enseignement secondaire camerounais

ORDINARY LEVEL MATHEMATICS...

ORDINARY LEVEL MATHEMATICS | A Comprehensive...

FCFA5,000
Availability: 1000 In Stock

 ORDINARY LEVEL MATHEMATICS | A Comprehensive Revision For GCE O Level

 FEATURING:

  • Essential Facts on all the topics of the new syllabus in Mathematics
  • More than 750 completely solved past GCE/GCE type problems, grouped according to topics and subtopics for easy revision
  • Numerous Practice Exercises at the end of each chapter
  • Numerical Answers to Revision Problems

Author: OKAH ALANG Sampson

Buy on Whatsapp

OR Click on "Add to Cart" below to purchase right here.

This website uses cookies to ensure you get the best experience on our website