Microeconomics is one of the branches of economics which deals within a lower range of the economy. The Microeconomics test has economic class of individual businesses and private firm, within a small circle. It boasts of 10 questions. Test your knowledge on Microeconomics.
Land
Labour
Sales
Entrepreneurs
How to manage businesses.
How to develop a country's sales
How to meet needs with limit means
To buy and sell
The persistent increase in the price of goods.
The inability of the price to be stable.
The persistent decrease in the price of goods.
The downturn of the economy
The want for a good.
The ability of a buyer to buy a particular good at a particular time.
The actions of price and production.
None of the above.
The selling of goods.
The transportation of goods from seller to buyer
The willingness to sell a particular good at a particular time.
All of the above.
The situation where no seller has the ability to influence price.
The situation where the sellers are competitive.
The situation where a few sellers have an edge over the majority.
All of the above.
True
False
Maybe
Partly true
True
False
Partly true
I don't know.
Scale of preference
Opportunity cost
Forgone alternative
None of the above.
Science
Social science
Arts
Engineering