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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 = MCD. 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. 200C. 240D. 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 oneD. 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:
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TIC TLES | 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
EDUCATION À LA CITOYENNETÉ MORALE ET CIVISME est un livre au programme de l’année académique homologué par le ministère de l’enseignement secondaire camerounais
L'EXCELLENCE EN PHYSIQUE | NIVEAU 1ÈRE C ET E est un livre au programme de l’année académique homologué par le ministère de l’enseignement secondaire camerounais
L'EXCELLENCE EN MATHÉMATIQUES | NIVEAU TLE C ET E est un livre au programme de l’année académique homologué par le ministère de l’enseignement secondaire camerounais
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
BONJOUR CAMEROUN 4 (CHINOIS) | NIVEAU TLE A ET SES est un livre au programme de l’année académique homologué par le ministère de l’enseignement secondaire camerounais
O Level Geology and School Guide Practice | Form 4 is a practical textbook approved by the Ministry of Secondary Education for the New Competency-Based Approach Teaching in Cameroon Secondary Schools
Faire rentrer la littérature africaine dans les classes.
C'est un monde pittoresque et plein d'humour qui se dévoile, pour mieux dénoncer les inégalités et l'absurdité de la société des BImanes. Ceux qui ont deux mains.
A travers sept nouvelles, Séverin Cécile Abéga évoque aussi bien le milieu des pauvres gens que celui des nantis qui les appriment.
LA LANGUE FRANÇAISE AU SECOND CYCLE | NIVEAU 1ÈRE A ET SES - 1ÈRE C ET E - est un livre au programme de l’année académique homologué par le ministère de l’enseignement secondaire camerounais
Past QUESTIONS FOR STATE NURSING/HEALTH SCIENCE AND CUSS
Sample:
5.The myelin sheath
a) Is a glycoprotein coat covering some neurons b) its presence slows down impulse transmission c) it is a lipoprotein coat covering certain neurons
d)is a good electrical conductor hence speeds up impulse transmission e) no answer is correct
Number of Pages: 130
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.
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