Economics MCQs

4475 MCQs  (Page 317 of 448)

What is the cost effective ?
A. cheap things
B. substandard things
C. economical in terms of the goods or services received for the money spent
D. free in terms of the goods or services received for the money spent
Cost of production plus a fixed rate of profit is called ?
A. cost plus
B. cost effective
C. end price
D. consumer price
The term Cartel refers to ?
A. a combination of firms for business purposes
B. an official agreement between governments at war, especially for exchange of prisoners
C. unity of parties, factions or nations in a common cause
D. all of the above