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Economics with Sanath Withanage

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  • Price Controls

    2020 A/L Economics – Past Paper MCQ 13 – Price Controls | TutorOn LK

    Sanath Withanage
    May 2, 2026

    Question: Which one of the following is not a problem associated with the imposition of…

  • Consumer Surplus

    2020 A/L Economics – Past Paper MCQ 14 – Consumer Surplus | TutorOn LK

    Sanath Withanage
    May 2, 2026

    Question: A market demand function for a product sold in a competitive market is given…

  • Consumption Theory

    2020 A/L Economics – Past Paper MCQ 25 – Consumption Theory | TutorOn LK

    Sanath Withanage
    May 2, 2026

    Question: If the aggregate savings function for an economy is $S = -200 + 0.25Y$,…

  • Macroeconomics

    2020 A/L Economics – Past Paper MCQ 24 – Macroeconomics | TutorOn LK

    Sanath Withanage
    May 2, 2026

    Question: In an economy with a positive output gap (1) there is an unutilized productive…

  • Macroeconomic Equilibrium

    2020 A/L Economics – Past Paper MCQ 23 – Macroeconomic Equilibrium | TutorOn LK

    Sanath Withanage
    May 2, 2026

    Question: At the real output level of Rs. 600 billion, there is (1) an accumulation…

  • National Income

    2020 A/L Economics – Past Paper MCQ 21 – National Income | TutorOn LK

    Sanath Withanage
    May 2, 2026

    Question: The main components of primary income are (1) compensation of employees, gross operating surplus…

  • National Income

    2020 A/L Economics – Past Paper MCQ 20 – National Income | TutorOn LK

    Sanath Withanage
    May 2, 2026

    Question: In national accounting, which one of the following activities is excluded from the production…

  • National Income

    2020 A/L Economics – Past Paper MCQ 19 – National Income | TutorOn LK

    Sanath Withanage
    May 2, 2026

    Question: The difference between Gross Value of Output (GVO) and Gross Value Added (GVA) is…

  • Market Structures

    2020 A/L Economics – Past Paper MCQ 18 – Market Structures | TutorOn LK

    Sanath Withanage
    May 2, 2026

    Question: If a firm faces a perfectly elastic demand curve for its product, then (1)…

  • Production

    2020 A/L Economics – Past Paper MCQ 15 – Production | TutorOn LK

    Sanath Withanage
    May 2, 2026

    Question: Increasing returns to scale reflect a technological characteristic under which the percentage increase in…

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