Qualification > Commerce

economics mcqs

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Freaked12:

--- Quote from: Freaked12- on June 03, 2010, 05:24:16 pm ---June 2008
15 B
Higher tuition fees results in an increase in costs hence private rate of return decreases but the effect on social rate of return cannot be determined

--- End quote ---
June 2008
23-C
Tertiary industries are concerned with the provision of services.The chart shows an increase in employment in services industries,Options A B and C cannot be concluded from the chart

Freaked12:
I am gonna mpray maghrib and solve all the november ones

zxcvbnm:
ok and thankyou SOOOOOOOOOOO MUCH!!!!!

Freaked12:

--- Quote from: Freaked12- on June 03, 2010, 05:24:16 pm ---June 2008
15 B
Higher tuition fees results in an increase in costs hence private rate of return decreases but the effect on social rate of return cannot be determined

--- End quote ---

Cross elasticity greater means its ped is rising which then results in an increase in income elasticity

remember when demand is more elastic so is income elastic

Freaked12:

--- Quote from: Freaked12- on June 03, 2010, 05:34:48 pm ---Cross elasticity greater means its ped is rising which then results in an increase in income elasticity

remember when demand is more elastic so is income elastic



--- End quote ---

This is November 04 question 8
answer |B

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