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A6 TestInside Exams Free Download

admin — Wed, 29 Jul 2009 04:49:42 +0000

Download A6 Exams

Exam Number/Code: A6

Exam Name:

VUE Code: A6

Questions and Answers : 143 Q&As

Update Time: 2009-09-20

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Exam : CIPs A6
Title : Analysing the Supply Market

1. Q2 Which of the following relationships best describes a small change in demand as a result of a large change in price? (2 marks)
A. Inelastic
B. Explicit
C. Implicit
D. Elastic
Answer: A

2. Q4 Which of the following is the most likely consequence of government decreasing interest rates? (2 marks)
A. People spend more
B. People spend less
C. The economy slows down
D. The cost of borrowing goes up
Answer: A

3. Q3 Which of the following best describes the pricing policy known as ‘promotional pricing’ ?(2 marks)
A. A high price aimed at quick recovery of costs
B. A price in line with that being charged by competitors
C. A temporary price reduction to increase sales in the short term
D. A low price set to gain a large share of the market.
Answer: C

4. Q5 Which of the following best defines the economic term ‘budget surplus’?(2 marks)
A. Government expenditure equalling government revenue
B. Government revenues creating government expenditure
C. Government expenditure exceeding government revenue
D. Government revenue exceeding government expenditure
Answer: D

5. Q1 In economic theory, which of the following statements best describes what is available and what is wanted? (2 marks)
A. Time and motion
B. Supply and demand
C. Research and development
D. Input and output
Answer: B

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A7 TestInside Exams Free Download

admin — Wed, 03 Dec 2008 01:39:08 +0000

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Exam Number/Code: A7

Exam Name:

VUE Code: A7

Questions and Answers : 148 Q&As

Update Time: 2009-09-21

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admin — Sat, 18 Oct 2008 14:01:38 +0000

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Exam Number/Code: A9

Exam Name: International Logistics

VUE Code: A9

Questions and Answers : 151 Q&As

Update Time: 2009-09-22

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admin — Thu, 09 Oct 2008 09:29:32 +0000

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Exam Number/Code: A8

Exam Name:

VUE Code: A8

Questions and Answers : 144 Q&As

Update Time: 2009-09-22

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