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.Management Sciences
A. Car licenses are very expensive vehicle entry to the city center is very restricted road pricing is being introduced and modern cheap rail transport is being expanded.
B. London
C. Athens
D. Singapore
E. New York
Related Mcqs:
- Spending on motoring as a % of household expenditure in the UK shows that motoring is ?
- A. Environmentally damaging B. an inferior good C. a potential public good D. a superior good...
- Evidence suggests that the price elasticity of demand for motoring is ?
- A. absolutely inelastic B. Unitarily elastic C. Elastic D. inelastic...
- In the UK, electricity industry parts are a ____ and other parts are ___ ?
- A. nationalized; privatized B. natural monopoly; potentially competitive C. cartel; a sellers’ market D. monopolistic competition duopoly...
- Sales staff are keen to sell extended warranties because ?
- A. extended warranties offer value for money. B. the cost of repair will usually exceed the cost of the warranty C. they are paid commission on each extended warranty they sell. D. They are concerned about customer satisfaction....
- The theory of the second best suggests that in the absence of perfect competition a privatized industry should charge a price of ?
- A. p = Z B. P = MC + Z C. p = MC D. P = MC – Z...
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