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.Management Sciences
Category: Economics Mcqs
A market is defined as perfectly contestable if ?
A. entry to it is costly but exit from it is costless
B. entry to it and exit from it are both costless
C. entry to it and exit from it are both costly
D. entry to ti costless but exist from it is costly
Which of the following is not an example of foreign direct investment ?
A. the construction of a new auto assembly plant overseas
B. the acquisition of an existing steel mill overseas
C. the purchase of bonds or stock issued by a textile company overseas
D. the creation of a wholly owned business firm overseas
A _______ is a promotion strategy that calls for using the sales force and trade promotion to move the produce through channels ?
A. push strategy
B. pull strategy
C. blocking strategy
D. integrated strategy
Concerning economic sanctions, export embargo induces greater losses in consumer surplus for the target country the?
A. lesser it initial dependence on foreign produce goods.
B. more elastic the target country demand schedule
C. greater then available output from alternative suppliers
D. more in elastic the target country supply scheduleB.
Which is the most thinly populated province of Pakistan ?
A. K.P.K
B. Punjab
C. Baluchistan
D. Sindh
An individual learns to be a human being by______________?
A. instincts
B. socialization
C. cosmic influences
D. in our society watching television
The Lorenz curve shows ?
A. patterns of poverty between developed and developing countries
B. the change in GDP per capita over time
C. the poorest’s income shares fall in the early stages of growth
D. income concentration relative to a 45-degree line
The marginal propensity of consume is equal to ?
A. Total spending / total consumption
B. Total consumption / total income
C. Change in consumption / change in income
D. Change in consumption / change in savings
Gestalt psychology looks at__________________?
A. separate items of personality
B. behavior as whole
C. instincts
D. physical appearance
In one sense of the term everyone is ethnocentric This is because______________?
A. it is virtually impossible not to view people and situations in terms of some of the norms and categories derived from one,s own cultural experiences
B. people are intolerant by nature
C. people are afraid and distrustful of strangers
D. it is impossible to understand another culture or subculture without having been raised in it
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