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Tuesday, 07 July 2026
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Economics Past Questions and Answers

Economics Questions

Question 3166:
Government fixing of prices below the equilibrium point is aimed at protecting the
  • A Sellers
  • B Industries
  • C Distributors
  • D Consumers
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Question 3167:
A consumer maximizes his utility in consuming a good 'X' when
  • A Mux = Px
  • B Px > Mux
  • C Price is falling
  • D Mux > Px
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Question 3168:
The relationship between Marginal Product (MP) and Average Product (AP) is such that they are equal when
  • A Average product is maximum
  • B Average product is minimum
  • C Marginal Product is maximum
  • D Marginal Product is increasing
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Question 3169:
who among the following is the intermediary between the producer and the retailer?
  • A Agent
  • B Wholesaler
  • C Consumer
  • D Distributor
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Question 3170:
which of the following sector is most capital intensive?
  • A Insurance
  • B Petroleum
  • C Commerce
  • D Tourism
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