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Economics Mcqs

Which of the following is an unintended function of education ?

A. Reinforcement of society’s stratification system
B. Understanding mathematical concepts
C. Reinforcement of grammatical forms in language
D. Formation of youth leadership groups

Categories Economics Mcqs, Miscellaneous Economics Mcqs Leave a comment

Setting the promotion budget so as to match the budgets of the competition is characteristic of which of the following budget methods ?

A. Affordable method
B. Percentage of Sales method
C. Competitive parity method
D. Objective and task method

Categories Economics Mcqs, Markets, Efficiency And The Public Interest Leave a comment

The most important determinant of scholastic success is…………….?

A. how well the students’ parents did in school
B. the peer group influence
C. the opinion of the neighbors
D. a family’s values regarding education

Categories Economics Mcqs, Miscellaneous Economics Mcqs Leave a comment

Technological advances, shifts in consumer tastes, and increased competition all of which reduce demand for a product are typical of which stage in the PLC ?

A. decline stage
B. introduction stage
C. growth stage
D. maturity stage

Categories Economics Mcqs, Markets, Efficiency And The Public Interest Leave a comment

A nineteenth-century model of rote education which imitated the assembly line was called the…………..?

A. Schumpeterian system
B. Birmingham system
C. Topeka system
D. Lancaster system

Categories Economics Mcqs, Miscellaneous Economics Mcqs Leave a comment

The process that turns marketing strategies and plans into marketing actions in order to accomplish strategic marketing objectives is called ?

A. Marketing strategy
B. Marketing control
C. Marketing analysis
D. Marketing implementation

Categories Economics Mcqs, Markets, Efficiency And The Public Interest Leave a comment

Since state and nation are not the same thing the preferred term for individual political entities is……………?

A. nation-sates or national states
B. dominions
C. principalities
D. territories

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The last stage in the selling process in the ………. stage?

A. Approach
B. handling objections
C. closing
D. follow-up

Categories Economics Mcqs, Markets, Efficiency And The Public Interest Leave a comment

A 44-nation survey regrading religions found that……………..?

A. Americans are the least religious of these nations
B. 59 percent of Americans said that religions played an important role in their lives
C. the English and the French are much more religious than Americans
D. Canadians are as religious as Americans

Categories Economics Mcqs, Miscellaneous Economics Mcqs Leave a comment

Costs that do not vary with production or sales levels are called ?

A. fixed costs
B. variable costs
C. standard costs
D. independent costs

Categories Economics Mcqs, Markets, Efficiency And The Public Interest Leave a comment
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