Agricultural Economics model exit exam practice questions

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Created by Tadele Anagaw

Agricultural Economics model exit exam practice questions

Salale University

Department of Agricultural Economics

multiple choice practice questions

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1) A movement along a demand curve can be caused by a change in ___________.

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2) Long run production function is a relationship between _____________.

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3) Marginal cost and average cost are the same at the output level in which ______________.

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4) When the firm experiences increasing marginal returns _______________________.

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5) In a simple model of resource market, a household is_______

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