The problem of allocation of resources is referred to as

Economics Quiz

Quiz
•
Others
•
12th Grade
•
Hard
Vishwajeet Naik
FREE Resource
39 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A
B
C
D
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Scarcity is a situation in which
A
B
C
D
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The type of goods which leads to higher production in future is
Micro economic theory
Economy
Macro-economic theory
Economic system
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The problem of making a Choice is called
Consumer goods
Capital goods
Public goods
Economic problem
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Price theory is also known as
Micro economics
Macro economics
Market economics
Price econometric
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The equation for the budget line is
P x X, + P, x P,< M
P,x X, + P, x P,> M
P,x P, +P, x P, -M
P,x P, +P, x P, = M
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Capital intensive techniques would be preferred over
A
B
C
D
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