Winter Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: bigdisc65

BA1 Exam Results

Previous
Page: 9 / 17
Next
Question 36

In the long run a firm may find its average cost of production rising because

Options:

A.

of the operation of diminishing returns to a fixed factor

B.

of the effect of diseconomies of scale

C.

over time the price of purchased inputs rises

D.

in the long run all costs are variable costs

Question 37

Which of the following provides a definition of a free good?

Options:

A.

No charge is made for it by its supplier

B.

Its provision is financed by taxation

C.

It is produced from renewable resources

D.

It is available at zero cost of production in unlimited quantities

Question 38

In a market economy the market mechanism can achieve all the following except one. Which is the exception?

Options:

A.

Signaling changes in consumer tastes

B.

Causing supply to respond to changes in demand

C.

Eliminating excess supply and demand

D.

Ensuring a socially fair distribution of goods and services

Question 39

When the government intervenes in the market economy to correct a market failure

Options:

A.

Economic welfare always increases

B.

The problem of government failure may result

C.

In all cases the market mechanism ceases to function

D.

The intervention always creates a surplus

Previous
Page: 9 / 17
Next
Pass BA1 Exam Guide, CIMA Certificate Changed BA1 Questions, CIMA Certificate BA1 Reddit Questions, CIMA Certificate BA1 Updated Exam, BA1 Exam Questions Tutorials, CIMA BA1 Based on Real Exam Environment, BA1 VCE Exam Download, BA1 Exam Results, BA1 Premium Exam Questions, Download Full Version BA1 CIMA Exam, CIMA Certificate BA1 Dumps PDF, BA1 Leak Questions, All BA1 Test Inside CIMA Questions, CIMA Certificate BA1 Book, Complete BA1 CIMA Materials, CIMA BA1 Actual Questions,
Exam Code: BA1
Exam Name: Fundamentals of Business Economics
Last Update: Nov 21, 2024
Questions: 468
BA1 pdf

BA1 PDF

$69.65  $199
 Add to Cart
BA1 Engine

BA1 Testing Engine

$78.75  $225
 Add to Cart
BA1 PDF + Engine

BA1 PDF + Testing Engine

$87.15  $249
 Add to Cart