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Economics Past Questions and Answers

Economics Questions

Question 3626:
which of the following is trueof the monopolist
  • A His average revenue curve is horizontal
  • B He determines both price and output
  • C His demand and marginal revenue curve are the same
  • D He determines either price or output
View Answer & Explanation
Question 3627:
Equity shares form the bulk of the capital of a?
  • A Private firm
  • B Public company
  • C Statutory company
  • D Limited partnership
View Answer & Explanation
Question 3628:
if a state owned firm is sold through the stock market, the organisation becomes?
  • A Partnership
  • B Private company
  • C Public limited company
  • D Public corporation
View Answer & Explanation
Question 3629:
The total number of people of working age who are willing and prepared to work at a given wage rate is the
  • A Labour force
  • B Supply of labour
  • C Demand of labour
  • D Occupational demand for labour
View Answer & Explanation
Question 3630:
A civil engineer who accepts to teach elementary science in a primary school because he cannot get a paid engineering job is an example of?
  • A Structural unemployment
  • B Disguised unemployment
  • C Residual unemployment
  • D Frictional unemployment
View Answer & Explanation