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.Management Sciences
Category: Economics Mcqs
A firm whose average total cost continually declines at least to the quantity that could supply the entire market is known as a ?
A. natural monopoly
B. perfect competitor
C. government monopoly
D. regulated monopoly
Feminist theory bas borrowed much of the ideas of________________?
A. psychology
B. conflict and Marxist theories
C. the ideology that tries to rationalize women ,s low position in society
D. The Feminine Mystique
Which of the following are low income countries income country ?
A. Canada
B. United States
C. Mexico
D. Australia
The government can curb excessive aggregate demand(inflation)by_________________?
A. decreasing taxes on consumers
B. increasing spending
C. decreasing taxes on firms
D. none of the above
If two jobs require the same amount of skills and experience the job that pays the most is most likely to be the one that is ?
A. unpleasant
B. all these answers
C. safe
D. fun
E. easy
Which trade theory contends that a country that initially develops and exports a new product may eventually become an importer of it and may no longer manufacture the product ?
A. Theory of factor endowments
B. Theory of overlapping demands
C. Economies of scale theory
D. Product life cycle theory
The blended family______________?
A. consists of natural parents and children
B. is another name for a childless family
C. is made up of natural parents’ stepparents natural children and stepchildren
D. is quite stable for children
MNCs can help the developing country to ?
I- Finance a savings gap or balance of payments deficit
II- Obtain foreign technology by adapting existing processes
III- Generate appropriate technology by adapting existing processes
IV- Employ domestic labor, especially in skilled jobs
A. I and II only
B. III and IV only
C. I, II and III only
D. I, II, III and IV
Rostow’s economics stages are ?
A. The preconditions for takeoff, the takeoff, the drive to maturity and the age of creative destruction
B. The traditional society the preconditions for takeoff, the takeoff, the drive to maturity and the age of high mass consumption
C. the preconditions for consumption the replication the drive to maturity and the age of high mass consumption
D. the learning curve the age of high mass consumption post takeoff, and the drive to maturity
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