A) a mere demand B) all the above C) a mere desire not backed by ability and willingness D) a list of need
A) backed by desire B) None of the above C) backed by want D) backed by the ability to pay
A) Total production B) Supply C) Effective demand
A) the lower the price, the lower the quantity supplied B) all things being equal, the higher the price, the lower the quantity demanded and vice versa C) the higher the price,the higher the demand
A) John Stuart B) A.C Pigou C) Alferd Marshal D) Adam Smith
A) Partially B) False C) True D) Incorrect
A) It adopts scientific methods B) It adopts philosophical method C) It adopts socialist methods D) It adopts humanity method
A) abundance supply of goods B) unlimited supply of resources C) None of the above D) limited supply of resources
A) four B) six C) three D) five
A) Choice B) Scale of preference C) Opportunity cost D) Want
A) Three B) six C) four D) two
A) abnormal demand B) normal demand C) ineffective demand D) effective demand
A) articles of ostentation B) all of the above C) articles of necessity D) future expectation
A) seven B) five C) three D) two
A) false B) true
A) price of the commodity B) Price of other services C) price of other goods
A) false B) true C) partially
A) number of producers B) cost of the production C) price D) taxation
A) Composite supply B) Competitive demand C) Joint demand
A) real goods B) superior or giffen goods C) substandard goods D) inferior or giffen goods |