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2020 A/L Economics – Past Paper MCQ 49
Question: Which group correctly indicates the sectoral composition of Sri Lanka’s GDP in 2018? (Agriculture,…
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2019 A/L Economics – Past Paper MCQ 06
Question: Which of the following would shift the supply curve of a good to the…
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2019 A/L Economics – Past Paper MCQ 12
Question: [Table Data] Qd is 650 at all prices. Qs_before is 650 at P=75. Qs_after…
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2019 A/L Economics – Past Paper MCQ 08
Question: Change in market equilibrium quantity from point A to point B [downward along the…
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2019 A/L Economics – Past Paper MCQ 09
Question: Assume a competitive market is in equilibrium at Rs. 100. Assume the market supply…
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2019 A/L Economics – Past Paper MCQ 10
Question: The market equilibrium price could rise from P1 to P2 if (1) consumers’ incomes…
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2019 A/L Economics – Past Paper MCQ 11
Question: Internet at first was no charge (P=0, Q=600). Later, institute decided to charge Rs.…
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2019 A/L Economics – Past Paper MCQ 14
Question: Setting an effective price floor would (1) increase consumer surplus and producer surplus. (2)…
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2019 A/L Economics – Past Paper MCQ 15
Question: An industry with a small number of firms producing a standardized or differentiated product…
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2019 A/L Economics – Past Paper MCQ 03
Question: Which of the following is a salient feature of a command economic system? (1)…