AP (Advanced Placement) Microeconomics: Questions 16 - 19 of 456
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Question 16
Appeared in Year: 2013
Question MCQ▾
Which one of the following is not an assumption of linear programming? (Dec)
Choices
Choice (5) | Response | |
---|---|---|
a. | Constant output prices | |
b. | Technologically fixed factor Proportion | |
c. | Increasing returns to scale | |
d. | Constant input prices | |
e. | All of the above |
Question 17
Appeared in Year: 2013
Question Match List-Ⅰ List-Ⅱ▾
Match List-I with List-II: (Dec)
List-Ⅰ (Group I) | List-Ⅱ (Group II) |
---|---|
(A) Offer Curves | (i) Reciprocal demand |
(B) Lorenz Curve | (ii) Inequalities |
(C) Kinked Demand Curve | (iii) Sticky Price |
(D) Laffer Curves | (iv) Public Revenue |
Choices
Choice (5) | Response | |
---|---|---|
| ||
a. |
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b. |
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c. |
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d. |
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e. | All of the above |
Question 18
Appeared in Year: 2014
Question MCQ▾
In an economy of two individuals A and B and two commodities X and Y, general equilibrium of production and exchange occurs when (June)
Choices
Choice (5) | Response | |
---|---|---|
a. | MRT | |
b. | MRS XY for A and | |
c. | MRT XY = MRS A, XY = MRS B, XY | |
d. | MRS A, XY = MRS B, XY | |
e. | Question does not provide sufficient data or is vague |
Question 19
Appeared in Year: 2014
Question Match List-Ⅰ List-Ⅱ▾
Match the items given in List – I with those in List – II: (June)
List-Ⅰ (Group I) | List-Ⅱ (Group II) |
---|---|
(A) Impossibility theorem | (i) Kenneth Arrow |
(B) Optimum provision of local Public goods | (ii) James Buchanan |
(C) Political of Decision Making Model | (iii) Charles Tiebout |
(D) Theory of Clubs | (iv) Anthony Downs |
Choices
Choice (5) | Response | |
---|---|---|
| ||
a. |
| |
b. |
| |
c. |
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d. |
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e. | All of the above |