Microeconomics Quizzes, Questions & Answers
Recent Microeconomics Quizzes
Explore key economic concepts through the 'PRODUCTION and FACTOR MARKET' quiz. Assess your understanding of market periods, capital types, production functions, and the role of substitutability in economics. Ideal for students...
Questions: 15 | Attempts: 113 | Last updated: Mar 21, 2025
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Sample QuestionPeriod during which only some factors or variables can be changed because there is not enough time to change the others.
Economics is a branch of social sciences popularly studied in colleges. We all manage our resources. Do you know anything called scale of preference? There are lot of things about economics you might not know . Take this quiz to...
Questions: 10 | Attempts: 267 | Last updated: Mar 20, 2025
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Sample QuestionWhich of the following analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions?
Have you ever read the book "Economics for Managers?" How much do you remember from the book? Would you be able to pass this quiz? Economics for Managers introduces the basic ideas of economics and integrates them...
Questions: 25 | Attempts: 113 | Last updated: Mar 21, 2025
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Sample QuestionCharacteristics of economic laws are
The EPF Semester Final EXAM assesses key economic concepts like scarcity, marginal analysis, factors of production, and consumer sovereignty. This exam evaluates understanding of foundational economic principles, crucial for...
Questions: 30 | Attempts: 172 | Last updated: Aug 14, 2025
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Sample QuestionWhat is scarcity?
This Economics Final Study Guide Quiz assesses understanding of fundamental economic concepts including needs vs. wants, consumer roles, macroeconomic indicators, and historical economic theories by Adam Smith. It's designed to...
Questions: 50 | Attempts: 122 | Last updated: Jun 7, 2025
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Sample QuestionWhich is not considered a need?
Explore key concepts of production and cost in microeconomics through this engaging quiz. Assess your understanding of economic vs. accounting costs, decision-making in selling assets, and the impact of costs on production...
Questions: 30 | Attempts: 492 | Last updated: Mar 21, 2025
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Sample QuestionFarmer Jones bought his farm for $75,000 in 1980 and wants to sell it. Today the farm is worth $500,000, and the interest rate is 10 percent. ABC Corporation has offered to buy the farm today for $510,000 and XYZ Corporation has offered to buy the farm for $540,000 one year from now. Farmer Jones could earn a net profit of $15,000 (over and above all of his expenses) if he farms the land this year. What should he do
Take this interesting quiz and find out how much do you know about budgets?
Questions: 21 | Attempts: 1358 | Last updated: Mar 22, 2025
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Sample QuestionBudgeting is the
The US economy has undergone a lot of changes throughout history with a lot of ups and downs. In the late 1700s there was a great depression that saw the economy plummet to a level never seen before. How much do you know about...
Questions: 12 | Attempts: 158 | Last updated: Oct 12, 2025
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Sample QuestionHow would a child today most likely compare her life to the life of a child in the 1820s?
Managerial Economics Exam 2 assesses understanding of economic principles in a managerial context. Topics include opportunity costs, durable goods valuation, sunk costs, and cost behavior, enhancing decision-making skills...
Questions: 42 | Attempts: 376 | Last updated: Mar 22, 2025
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Sample QuestionAn old friend takes you out to dinner, and pays for your meal. Which of the following best represents your opportunity costs?
Step up your business acumen with our Economic Analysis for Business Decisions Quiz! This comprehensive quiz is designed to test your understanding of the key economic principles and analytical tools essential for making...
Questions: 20 | Attempts: 146 | Last updated: Jul 3, 2025
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Sample QuestionIn free enterprise economy basic economic problems are solved with the help of
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