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Friday, 03 July 2026
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Economics Past Questions and Answers

Economics Questions

Question 4931:
In a market economy, the main function of price to:
  • A Ration the available goods among consumers
  • B Allocate resources to both consumer and producers in an efficient manner
  • C Ensure equitable distribution of resources
  • D Determine the value of each assets
View Answer & Explanation
Question 4932:
The decision on what to produce is a problem in:
  • A All economics system
  • B A centrally planned economic system only
  • C A free-enterprise economic system only
  • D Developing economic systems
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Question 4933:
The slope of a supply curve is
  • A Horizontal
  • B Positive
  • C Vertical
  • D Uniform
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Question 4934:
Capital provided by individuals to the firm by purchasing stocks is called
  • A Debt capital
  • B Equity capital
  • C Fixed capital
  • D Circulating
View Answer & Explanation
Question 4935:
If you do not have to make any sacrifice in order ta get a particular thing then its real costs is
  • A One
  • B Zero
  • C Its price
  • D Infinite
View Answer & Explanation