please answer all questions

Question 15 Not yet When Maha makes a statement, "The cost of living has increased 10% over the past 10 10 years in Sweden," she is, answered Marked out of 1.00 O a. None of these P Flag question O b. testing an economic model O c making a positive statement O d. making a normative statement Question 16 The expenses incurred on the variable factors are called Not yet answered O a. None of these Maried out of 1.00 b. Variable cost Flag question O c. Scarcity d. Fixed cost Question 17 The problem of choosing the appropriate production techniques refers to which type of economic problem? answered Marked out of O a. What to produce? ob. How to achieve economic growth Flag question oc How to produce d. For whom to produce? Question 43 Which of the following is a normative statement? Not yet answered O a. All of these Marked out of 1.00 O b. The unemployment rate increased last month 1 Flag question O c. The unemployment rate is too high O d. 40% of the public believes that the unemployment rate is too high Question 44 The price elasticity of demand for a commodity is said to be unitary elastic because: Not yet answered Marked out of 1.00 Flag question O a. Zero percentage change in quantity demanded O b. Percentage change in quantity demanded less than the percentage change in price Os Percentage change in quantity demanded greater than the percentage change in price O d. Percentage change in quantity demanded equals the percentage change in price Question 45 The rent control is carried out by the government to Not yet answered Marked out of 1.00 a. Make the landlords to charge high rent b. Make housing affordable to people Make the landlords of the country better off O d. Increase the number of buildings in the country Flag question estion 18 Which of the following is an example of a Positive statement? t yet swered arked out of 30 O a. The foreign sector should be more tightly controlled O b. Business firms ought to contribute more to donations O c Households are the primary source of savings Flag question O d. Government should not redistribute income Question 19 Not yet answered Which of the following will be carried out by the government when there is price floor? Marked out of 1.00 O a. Selling of goods to customers Flag question O b. Hoarding of goods O c Export of goods. O d. Import of goods Question 20 Not yet BB Hypermarket reduces the price of salt by 10% which results in zero (0) change in demand, the demand of salts: answered Marved out of 1.00 a. Perfectly elastic demand Flag question b. Perfectly inelastic demand Oc Unitary elastic demand d. Elastic demand on 30 A shift in supply curve is caused as a result of changes O a taste and preferences Mand out of 1.00 O b. income of the consumer Flag question O c technological O d. price of the product Which is NOT a characteristic of a monopoly? Canon 31 Not yet anted Ward out of 100 O a One seller O b. Entry into the market is easy O Seller sets the market price O d. Firm sells a unique product 32 Which of the following must remain the same while defining the Supply All of these b. Price of other commodities Price of factors od Technology 33 and buy aho