Introduction to micro and macro economics UE Past Papers Questions.


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(2861) Question Category: True OR False

In a perfect competitive market each seller has a negligible impact on the market price

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(2862) Question Category: True OR False

If apples and oranges are substitutes, an increase in the price of apples will decrease the demand of oranges.

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(2863) Question Category: True OR False

If tea and sugar are complements, an increase in the price of sugar will decrease the demandfor tea.

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(2864) Question Category: True OR False

If consumers expect the price of shoes to rise , there will be an increase in the demand for shoes today.

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(2865) Question Category: True OR False

An increase in the price of steel will shift the supply of cars to the right

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UNSOLVED


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