Economic Literacy Quiz
English
Intermediate
This quiz tests your knowledge on various aspects of economics.
Description
Tags
30
Questions
30 sec
Per question
7:42
Average time
Disqualified
Contest Score
3.3
Community Rating
129
Participants
Unfortunately, this test will not be able to receive a prize:
Not an original test. Questions, answers, explanations were copied from an existing test. E.g.:
#q1 https://www.toppr.com/ask/question/the-branch-of-economic-theory-that-deals-with-the-problem-of-allocation-of-resources-is/
#q2 https://edurev.in/question/753060/A-study-of-how-increase-in-the-corporate-income-ta
#q13 https://www.toppr.com/ask/question/if-the-marginal-product-of-labour-is-below-the-average-product-of-labour-it-must/
A mistake is identified in the answer.
The given answer is
"Only one input is fixed and all other inputs are kept variable"
The correct sentence and answer should be :
"Only one input is variable and all other inputs are kept fixed"
Link:
https://www.economicsdiscussion.net/law-of-variable-proportions/law-of-variable-proportions-with-diagrams/6900