Category: Miscellaneous Economics Mcqs

A. The demand curve is the marginal cost curve
B. The average revenue equals the average cost
C. The marginal cost is the average cost curve
D. The demand curve is the marginal revenue

A. Freud,s theory that anatomy is destiny
B. Mead,s theory of inherited criminality
C. Cooley,s theory of original sin
D. None of the above

A. the family
B. the peer groups
C. church
D. occupational groups or organizations

A. creation of a middle class
B. dehumanization and commodification of labor
C. continued accumulation and reinvestment of capital
D. All of the above

A. organized crime
B. crimes against persons
C. social order crimes
D. sins against religious teaching

A. prevails only in the U.S
B. applies only to the old
C. asserts that the very young and the very old are inferior
D. has little impact on the society

A. signed documents
B. instruments for limiting governmental power
C. possible only in industrial societies
D. characteristic of democracies only

A. are totally free to pursue their goals
B. are affected by prices and incomes
C. try to maximize their worth
D. try to maximize their labor

A. Demand
B. Land
C. Labour
D. Capital

A. is derived from the average fixed costs
B. Converges with the average cost as output increases
C. Equals the total costs divided by the output
D. Equals revenue minus profits