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Economics Past Questions and Answers

Economics Questions

Question 2991:
The total amount of money raised by a company through issuance of shares to the public is
  • A Debentures
  • B Nominal capital
  • C Ordinary shares
  • D Paid-up capital
View Answer & Explanation
Question 2992:
buying and selling of shares is a function performed mostly by the
  • A Insurance companies
  • B Stock exchanges
  • C Merchant banks
  • D Discount houses
View Answer & Explanation
Question 2993:
which of the following is not a reason for establishing public enterprises?
  • A Discouraging investors
  • B Opening up neglected parts of the country
  • C Effective control of a natural monopoly
  • D Rapid economic development
View Answer & Explanation
Question 2994:
For a monopolist, the average revenue (AR) curve is
  • A Above the total curve
  • B The same as the marginal cost curve
  • C Above the marginal revenue curve
  • D The same as that of the perfect competitor
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Question 2995:
advertising expenses would not be necessary under perfect competition because
  • A Consumers would have complete knowledge of goods
  • B Cost of production would be at the maximum level
  • C Every firm would enjoy the benefits of large scale production
  • D Income of the consumers in the community would be high
View Answer & Explanation