
ECONS QUIZ
Quiz
•
Other
•
KG - University
•
Medium
Sam Ma
Used 2+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How many non-price factor demands were mentioned in our presentation?
4
5
6
7
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which is NOT part of the scarcity principle ?
Business
Personal
Family
Collective
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does a +ve change in tastes/preferences for a good affect its demand curve?
Shift Right
Shift Left
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
According to the marginalist principle, what is the optimal decision making process?
MB>MC
MB=MC
MC>MB
MB+MC
5.
MULTIPLE CHOICE QUESTION
20 sec • Ungraded
Would you spend $2000 to purchase a direct flight from Singapore to New York?
YEAH
NAHH
6.
MULTIPLE CHOICE QUESTION
20 sec • Ungraded
Do you want to be an aviation specialist?
YES
NO
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