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  • Question 1
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    Which of the following is a type of economic activities?

  • Question 2
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    In microeconomics, what does the law of demand state?

  • Question 3
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    Economy may be classified as: 

  • Question 4
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    Minimum Support Price is recommended by which of the following institutions?

  • Question 5
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    In microeconomics, what does the term "opportunity cost" refer to?

  • Question 6
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    Which of the following statements is an example of positive economics?

  • Question 7
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    Which of the following statements is an example of positive economic analysis?

  • Question 8
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    Which of the following is the salient feature of factors (or resources)? 

  • Question 9
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    The law of demand implies that the demand curve:

  • Question 10
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    What is the primary focus of the labor market in microeconomics?

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