Test Questions without Answers
Chapter 4. The Tools of Economics.
Mathematical Economics. Marginal Analysis
Chapter 4 – Question 1
How much is 17/19 in terms of percent?
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Chapter 4 –Question 2
Draw a pie chart to illustrate the following data: Female students account for 4 percent of the entire population.
Chapter 4– Question 3
On what axis are the years on a time-series diagram?
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Chapter 4– Question 4
1) Write a schedule for the following function: Q = P - 3
2) Is the curve derived from this schedule a demand curve or a supply curve?
3) Is it linear or non-linear?
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Chapter 4– Question 5
1) Write a schedule for the following equation: y = 4x
2) Is the derived curve a supply curve or a demand curve?
3) Is it linear or non-linear?
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Chapter 4– Question 6
1) Write a schedule for the following equation: y = 8 - x
2) Is the derived curve a supply curve or a demand curve?
3) Is it linear or non-linear?
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Chapter 4– Question 7
1) Write a schedule for the following equation: y = 2x2
2) Is the derived curve a supply or a demand curve?
3) Is it linear or non-linear?
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Chapter 4 –Question 8
What is the difference between a function and an equation?
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