According to the Coase theorem, private parties can solve the problem of externalities if ?

A. There are no transaction costs.
B. Each affected party has equal power in the negotiations.
C. The party affected by the externality has the initial property right to be left alone.
D. There are a large number of affected parties.

Which country is called the “Land of Prophets”?

A. Saudi arabia
B. Syria
C. Palestine
D. Iraq

A grocery store should close at night if the ?

A. Variable costs of staying open are less than the total revenue due to staying open.
B. Total costs of staying open are less than the total revenue due to staying open
C. Variable costs of staying open are greater than the total revenue due to staying open
D. Total costs of staying open are greater than the total revenue due to staying open

If a production function exhibits diminishing marginal product. its slope ?

A. is linear (a straight line)
B. becomes steeper as the quantity of the input increase
C. could be any of these answers
D. becomes flatter as the quantity of the input increase

Pseudo code is similar to ___________?

A. Machine language
B. Simple english
C. Scientific language
D. All of these

Which of the following issues is related to microeconomics ?

A. the impact of oil prices on car production
B. the impact of money on inflation
C. the impact of technology on economics growth
D. the impact of the deficit on saving

reduction in price is called:

A. Paid price
B. Invoice price
C. Book price
D. Discount

حضورؐ کے چچا حضرت عباس ؓ کی نماز جنازہ کس نے پڑھائی تھی ؟

D. None of these

If buyers are rational and there is no market failure ?

A. free market solutions are efficient
B. free market solutions maximize total surplus
C. all of these answers
D. free market solutions are equitable

Whose face was first uploaded on Facebook?

A. Al pacino
B. Zuckerberg
C. Adam smith
D. Shahid chudhary