AP (Advanced Placement) Macroeconomics: Questions 593 - 597 of 750

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Question 593

Question

MCQ▾

A monopolist faces a linear demand curve p = 100 - 4q. His cost function is C = 50 + 20q. The profit maximizing output will be

Choices

Choice (5)Response

a.

40

b.

5

c.

10

d.

20

e.

All of the above

Question 594

Question

MCQ▾

Hedging in the foreign exchange market refers to:

Choices

Choice (5)Response

a.

Not covering a risk of fluctuations in the foreign exchange rates in future

b.

An act of devaluation

c.

Covering a risk of fluctuations in the foreign exchange rates in future

d.

An act of revaluation

e.

None of the above

Question 595

Question

MCQ▾

In the long period, which one of the following curves would aptly represent the time path of population for a developing economy?

Choices

Choice (5)Response

a.

Lorenz curve

b.

Logistic curve

c.

Hyperbolic curve

d.

Exponential curve

e.

None of the above

Question 596

Question

MCQ▾

Arrange the following in the chronological order:

1) Mahalanobis model

2) Introduction of rolling plan

3) Declaration of plan holiday

4) Inclusive growth strategy

Select the answer from the code below:

Choices

Choice (5)Response

a.

2,1, 3,4

b.

3,1, 2,4

c.

1,3, 4,2

d.

1,3, 2,4

e.

None of the above

Question 597

Question

MCQ▾

While analyzing the marginal productivity theory of distribution, Clark gave more emphasis on

Choices

Choice (5)Response

a.

Profit Maximization

b.

Demand for labour

c.

Supply of Labour

d.

Question does not provide sufficient data or is vague

e.

None of the above

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