Multiple Choice
Microeconomics deals with:
A) The theory of factor pricing
B) The theory of product pricing
C) The theory of economic welfare
D) All the above
Correct Answer:
Verified
Correct Answer:
Verified
Q9: A theory is:<br>A)An assumption<br>B)A validated hypothesis<br>C)An 'if
Q10: Who of the following emphasized the normative
Q11: The first economist who coined the terms
Q12: Which aspect of taxation involves normative economics?<br>A)The
Q13: Which of the following embodies a more
Q15: Find out the correct statement:<br>A)Prediction of economic
Q16: Microeconomics deals primarily with:<br>A)Comparative statics, general equilibrium
Q17: What is true for inductive method?<br>A)Hypothetical<br>B)Empirical<br>C)Ignores experimentation<br>D)Static
Q18: The word micro was first used in
Q19: State whether Economics is :<br>A)A positive science