Explore topic-wise MCQs in Master of Arts in Economics (M.A. Economics).

This section includes 101 Mcqs, each offering curated multiple-choice questions to sharpen your Master of Arts in Economics (M.A. Economics) knowledge and support exam preparation. Choose a topic below to get started.

101.

The law of supply states that an increase in the price of a good:

A. none of these answers.
B. increases the quantity supplied of that good.
C. decreases the demand for that good.
D. decreases the quantity demanded for that good.
Answer» C. decreases the demand for that good.
Discussion