AP (Advanced Placement) Macroeconomics: Questions 576 - 579 of 750

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Question 576

Question

MCQ▾

A model of oligopoly in which one business sets output before the other business do is

Choices

Choice (5)Response

a.

Bartrand oligopoly model

b.

Stackelberg oligopoly model

c.

Cournot oligopoly model

d.

Chamberlin oligopoly model

e.

All of the above

Question 577

Question

MCQ▾

Law of diminishing returns begins to operate when:

Choices

Choice (5)Response

a.

Total product begind to fall

b.

Marginal product begins to rise

c.

Total product begins to rise

d.

Marginal product begins to fall

e.

Question does not provide sufficient data or is vague

Question 578

Question

MCQ▾

Arrange the following acts in the order in which they came into force:

1) Competition Act

2) Foreign Exchange Management Act

3) Consumer protection Act

4) The Factories Act-1948

Choices

Choice (5)Response

a.

4,3, 2,1

b.

4,2, 3,1

c.

3,4, 2,1

d.

2,1, 4,3

e.

None of the above

Question 579

Question

MCQ▾

Which of the following is correct about the Hindu Growth rate?

Choices

Choice (5)Response

a.

Hints at accelerated growth in India since 1980

b.

Shows economic disparities amoung different social groups in India

c.

Reflects low growth performance of the Indian economy during 1950 - 80

d.

This us about Economic growth of Hindu population

e.

All of the above

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