Economics Concepts MCQs 6 to 10 Basic Terms

Economics Concepts MCQs 6 to 10 are here. You can practice these MCQs frequently to prepare for your exams. Stay Connected for more.

Economics Concepts MCQs

  1. In the statement, “Quantity Demanded” is a function of Price”…
  2. Ceteris paribus is used in economics when…
  3. In the equation C = $10 + 0.90Yd…
  4. Scarcity exists in every society because there are…
  5. The word “economic” refers to something that…

Quiz with Answers


1 / 5

In the statement “Quantity Demanded” is a function of Price”

2 / 5

Ceteris paribus is used in economics when

3 / 5

In the equation C = $10 + 0.90Yd,

5 / 5

The word “economic” refers to something that

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Economics Concepts MCQs

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