Which resources are scarce in every society ?

Related Mcqs:

Which best describes price discrimination ?

A. Charging different prices for different products B. Charging the same prices for different products C. Charging the same prices for same products D. Charging different prices for the same products...

Open Market Operations occur when the government ?

A. Reduces the interest rate B. Buys and sells bonds and securities C. Increases taxation D. Increase the exchange rate...

For a firm operating in two markets and price discriminating the profit maximising condition is ?

A. Marginal revenue in A= Price B B. Marginal revenue in A = Marginal revenue B = Price A = Price B C. Marginal revenue in A = Marginal revenue B = Marginal cost D. Marginal revenue in A = Marginal revenue B = Average cost...

An outward shift in the demand for money other things being equals should lead to ?

A. A lower interest rate but the same quantity of money B. A higher interest rate but the same quantity of money C. A higher quantity of money but lower interest rates D. A higher quantity of money but the same interest rate...

Which of the following is FALSE? Scientific observation ?

A. must proceed systematically B. must occur under controlled conditions C. yields valid date with classification organization or recording D. is open to anyone who wants to pursue it...