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Basics of Economics MCQs: 181 Questions & Answers in Faculty

181 Basics of Economics MCQs in Faculty with answers & explanations. Page 9. Practice objective questions for competitive exams, interviews & self-assessment… Use the answer toggle below to show or hide all solutions, tap an option to check one question, or open a question for its own page.

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Basics of Economics MCQs: 181 Questions & Answers in Faculty

Firms owned by one individual is known as

The functional relationship between inputs and outputs is called

The choice of techniques of production is related to the problem of

Odd-man out from the following

----- is an example of secondary input

Transformation of inputs into outputs is known as

Name the economist who analyses the subject matter of economics into two branches: micro economic analysis and macro economic analysis.

Micro economics doesn’t deal with:

Economic growth can be achieved through

Production and consumption takes place simultaneously in the case of

“The starting point of all economic activity is the existence of human wants” Who said this?

Partial equilibrium analysis come under:

Which one of the following is not come under macro economics

Which one of the following come under macro economics:

The distribution of national product among the members of the society is the problem of:

The problem of allocation of resources is concerned with:

The term production refers to:

----- is not an example of free good

The resources are :

Economic problem arises in

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