MicroEconomics Quiz 1 [ 100+ Quiz with Answers ]



Multiple Choice— Select the option that best completes the sentence or provides the answer to the question.
  1. Which of the following best describes a technology with increasing returns to scale?

  2. The opportunity cost of something is

  3. In which of the following circumstances a natural monopoly would likely arise?

  4. The market demand curve is

  5. Which of the following is true for a long-run equilibrium in a competitive industry?

  6. For a demand curve to slope upward,

  7. Which of the following combinations is more likely to have straight-line indifference curve?

  8. Which of the following is a necessary condition for a monopoly to arise?

  9. A monopolist's marginal revenue curve lies below average revenue, because:

  10. The market demand curve for a luxury good:

previous home next
Recommended Topics
Common Vs Preferred Stocks

Businesses that want to raise money by selling stock can choose between two types: common and preferred stock ...

Top 7 Reversal Candlesticks

Candlesticks are used to identify trading patterns that help technical analysts in setting up trades ...

Economics || Stocks || Crypto || Derivative

Test your knowldege on finance, stock market and investment. Examine yourself with various questions related to the finance ...

Entrepreneurship || Business || Trading

20+ Best Books on businesses, trading, investing, personal finance and ...

A weekly take on trading, finance, companies and other cool stuff...

Join over 27,000+ readers & receive an eclectic mix of topics covering Global Market Updates & Finance— delivered in a beautiful weekly email.
Multiple Choice Questions

Question x of y