Search
.Management Sciences
A. shift aggregate supply to the right
B. shift aggregate supply to the left
C. shift aggregate demand to the right
D. shift aggregate demand to the left
Related Mcqs:
- Which of the following will NOT cause a shift in the demand curve for compact discs ?
- A. A change in wealth B. A change in the price of compact discs C. A change in income. A change in the price of pre-recorded cassette tapes...
- An increase in price all other things unchanged leads to ?
- A. A shift in supply outwards B. A shift in supply inwards C. A contraction of supply D. An extension of supply...
- Profits are maximized when ?
- A. costs are minimized B. revenue is maximized C. average cost is less than average revenue D. marginal cost equals marginal revenue...
- According to the law of diminishing utility ?
- A. Utility is at a maximum with the first unit B. Increasing units of consumption increase the marginal utility C. Marginal product will fall as more units are consumed D. Total utility will rise at a falling rate as more units are consumed...
- Increased level consumption ?
- A. shift aggregate supply to the right B. shift aggregate supply to the left C. shift aggregate demand to the right D. shift aggregate demand to the left...
Recent Comments