Microeconomics is not concerned with the behavior of ?

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 is a normative statement in economics ?

A. More spending by the government reduces poverty B. Higher taxes lead to less desire to work C. The Pakistan’s economy is growing fast relative to other SAARC members D. The government should concentrate on reducing unemployment...

In a free market?

A. government intervenes B. government plan production C. government interferes D. Prices adjust to reconcile scarcity and desires...

An increase in consumer income will increase demand for a _________ but decrease demand for a?

A. substitute good, inferior good B. normal good inferior good C. inferior good normal good D. normal good, complementary good...

Which of the following is not part of the opportunity cost of going on holiday ?

A. The money you spent on a theater show B. The money you could have made if you had stayed at home and worked C. The money you spend on airline tickets D. the money you spent on food...