Economics (UI) | Study Mode

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Question 51
A
interest on loans
B
rent on buildings
C
depreciation reserves
D
management expenditure
E
wages
Explanation

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Correct option: E
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Question 52
A
interest rates
B
opportunity costs
C
economic rent
D
indirect costs
E
wages
Explanation

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Correct option: C
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Question 53
A
marginal revenue equals average cost
B
price equals average cost
C
price equals marginal cost
D
marginal cost equals marginal revenue
E
average revenue equals average cost
Explanation

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Correct option: D
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Question 54
A
market segmentation
B
product differentiation
C
price
D
profit
E
supply
Explanation

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Correct option: B
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Question 55
A
P=MC
B
MR=MC
C
AR=AC
D
marginal cost is rising
E
marginal revenue is rising
Explanation

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Correct option: B
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Question 56
A
perfect competition
B
monopoly
C
monopolistic competition
D
oligopoly
E
competition
Explanation

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Correct option: A
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Question 57
A
demand is inelastic
B
demand is infinitely elastic
C
marginal cost is falling
D
price is greater than marginal cost
E
price is less than marginal cost
Explanation

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Correct option: B
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Question 58
A
Gross investment
B
Net investment
C
Net foreign income
D
Capital depreciation
E
Net and gross
Explanation

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Correct option: D
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Question 59
A
Allowance for total depreciation
B
Total interest payments
C
Total tax and interest payments
D
Net income from abroad
E
none of the above
Explanation

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Correct option: D
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Question 60
A
The ratio of the change in income to the change in investment
B
The change in investment divided by the change in income
C
1/(MPC)
D
1/(1-MPS)
E
Process of multiplying initial increase in income
Explanation

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Correct option: A

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