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:

Availability: 997 In Stock

History  | ENS FIRST BAMBILI FIRST CYCLE COMPETITIVE ENTRANCE QUESTIONS AND ANSWERS

 DURATION: 4 HOURS

INSTRUCTIONS: Answer all questions! Select the correct answer to each of the questions in Section One, Two and Three, and write the corresponding letter (A, B, C or D) in the Answer Booklet provided. Section Four comprises two structured essay. Make sure that you insert the question paper inside the Answer Booklet before you lea s the examination hall! 

NUMBER OF PAGES: 73

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. 

The 48 Laws of Power [Small Version]

FCFA3,000
Add to cart
Availability: Out of stock

 The 48 Laws of Power is a non-fiction book by American author Robert Greene. The book is a bestseller, selling over 1.2 million copies in the United States, and is popular with prison inmates and celebrities.

Originally published: 1998

Author: Robert Greene

Subject: Self-help

Page count: 452

Genre: Self-help book

ISBN: 9780140280197

Availability: 197 In Stock

Breakthrough Physics Advanced Level | Core Physics

BREAKTHROUGH PHYSICS is a new classic visionary Physics textbook for you, written specifically to meet all the requirements in core Physics and overcome all challenges thereby further demystifying Physics for students at the Advanced Level and beyond.

SUBJECT: Advanced Level PHYSICS
AUTHOR: MBAH N. OSCAR
CLASS: LOWER AND UPPER SIXTH

Buy on Whatsapp

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

Availability: 50 In Stock

 Building and maintaining a successful team is no simpletask. Even people who have taken their teams to the highest level in theirfield have difficulty recreating what accounted for their successes. Is it astrong work ethic? Is it "chemistry"? What tools can you wrap your hands aroundto build-or rebuild-your team?

Originally published: 2001
Author: John C. Maxwell
Genre: Christian literature
  • Paperback: 288 pages
  • Publisher: HarperCollins Leadership; Reprint edition (April 1, 2013)
  • Language: English
  • ISBN-10: 1400204739
Availability: 100 In Stock

Many people have million-dollar ideas. They're confident that their new product or service or innovation will make them rich and that all their dreams will come true. The problem is: Most people don't know how to turn their million-dollar idea into millions of dollars. 

 Originally published: July 4, 2017

Author: Robert Kiyosaki

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