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Principles of Economics and Management MCQs | Page - 3
Dear candidates you will find MCQ questions of Principles of Economics and Management here. Learn these questions and prepare yourself for coming examinations and interviews. You can check the right answer of any question by clicking on any option or by clicking view answer button.
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Q. By __ growth rate of an economy can be speeded up.
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Q. When national income is calculated with reference to a base year, it is called:
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Q. Which market structure symbolizes the existence of ‘few sellers’?
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Q. Which among the following are the factors that determine the national income of a country?
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Q. Quantity of a certain goods producers are willing to supply when receiving a certain price is known as ______.
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Q. A point where the quantity of goods being supplied is exactly the same as the quantity of goods being demanded is known as _______
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Q. If all other factors remain equal, the higher the price of a good, the fewer people will demand that good means what?
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Q. Producers supply more at a higher price because selling more quantity at higher price increase revenue means what?
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Q. Which are the factors of production?
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