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1. Prices and Production was written by ?
Answer: Friedrich Hayek
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MCQ->Statement: Among all the articles, the prices of personal computers show the highest decline from June 2005 to December 2005. Assumptions: Comparative prices of all the articles in June and December 2005 were available. Prices of personal computers were higher in the first six months than the last six months of 2005. ...
MCQ->Statement: The X passenger car manufacturing company announced a sharp reduction in the prices of its luxury cars. Assumptions: There may be an increase in the sale of luxury cars of Company X. The other such car manufacturers may also reduce their prices. The competitor companies may not reduce their prices. ...
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