Economics

Quiz #188

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Economics Quiz - 10 Questions

1

Prices that do not always adjust rapidly to maintain equality between quantity supplied and quantity demanded are ?
2

In food demand growth equation D = Φ + a E, a is the income elasticity of demand for food E is the per capita income growth and Φ is ?
3

A set of alternative commodity bundles that a person can command in a society using the totality of rights and opportunities that he possesses is known as ?

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