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Please upload economics lecturer paper spsc 31.12.2013 Please upload economics lecturer paper spsc 31.12.2013

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Old Wednesday, January 01, 2014
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You attempted 47 questions while you skipped 10 questions. Isn't it amazing.
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  #12  
Old Thursday, January 02, 2014
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I mixed ur post with someone else's. I appologise.
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Kindly share the paper of Economics .............


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Old Friday, January 03, 2014
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1. The long run equilibrium of a competitive industry occurs when times are earning
a. Abnormal profits b. zero profits c. losses d. none

2. The law of demand applies to
a. Inferior goods b. ordinary goods c. low-priced goods d. none

3. Canon of equity implies that..
a. tax system should be based on social justice
b. there should be progressive tax system
c. both a and b
d. n.o.a

4.The indicator of country's development is:
a. more and more industries
b. higher per capita income
c.higher standard living standard
d, all

5.the assumption which makes the 'indifference curve' convex to the origin because of
a.consistency of consumers choice
b. ordinality of utility
c. cardinality of utility
d. none
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