Question: Please help with following mcqs: question 1) Which statements regarding Malthusianism is correct? i. Malthus held that a sustained increase in income per capita would
Please help with following mcqs:
question 1)



Which statements regarding Malthusianism is correct? i. Malthus held that a sustained increase in income per capita would be impossible. ii. According to Malthusianism, the rise in productivity of labour would be offset by population growth. iii. The predictions of Malthus were correct throughout 19th century Britain. iv. The Malthusian theory explored the relationship between population growth and development O A. i and iii O B. ii and iv O C. Only ifi O D. i and iiThe table below depicts different technologies that can be used to process a given amount of paper in a paper recycling plant. Wages are R200 per worker and each machinery costs R400. From the table, we can conclude that: Technology Number of Workers Machinery A N B UI UJ C 4 D 6 E 11 N A. Technology C can sometimes be cheaper than A. O B. Technology D is more capital-intensive than technology C. O C. Technology B dominates technology D. O D. Technology A is more cost efficient than technology E.The figure below depicts the graphs of the long-run price-setting curve and the mark-up at which firm entry and exit are both zero. Based on this information, which of the following statements is correct? Output per worker, A Price-setting curve (low p*) Real wage Price-setting curve (medium p*) Price-setting curve (high u") w = A1-H" ) 0 0 low p* high u" medium u Markup, [* Employment A. A lower interest rate leads to a lower price-setting curve. O B. Lower worker productivity leads to a higher price-setting curve for a given mark-up . O C. Higher risk of expropriation of businesses overseas results in a higher price-setting curve. O D. An increase in the degree of competition in the economy will lower the price-setting curve
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
