In a free market?

Related Mcqs:

The sacrifice involved when you choose a particular course of action is called the ?

A. Alternative B. Opportunity cost C. Consumer cost D. Producer cost...

Which of the following involves a trade – off ?

A. Taking a nap B. All of these answers involve trade-offs C. Watching a football game on Saturday afternoon D. Going to university...

On a graph, a positive linear relationship___________________?

A. moves down to the right B. moves up to the left C. moves up to the right D. moves down to the left...

Which one of the following is a normative statement ?

A. The richest 10 per cent of the population has had a bigger percentage increase in incomes over the past 10 years than the poorest 10 percent B. Inflation is rising C. The proportion of people’s income paid in taxes is higher under this government than under the previous one. D. Inequality in the distribution … Which one of the following is a normative statement ?Read More...

A real value can be derived from a nominal value by ?

A. adjusting for changes over time B. adjusting for data collection errors C. adjusting for population changes D. adjusting or changes in prices...