True

False

True

False

Foundation design depends only on the storey height

Both ii) and iii)

None of the above

An indirect relationship exists between foundation strength and storey height of a high-rise building

A direct relationship exists between foundation strength and storey height of a high-rise building

The lift installation cost decreases

The unit cost of the roof decreases

The unit cost of purchasing doors and windows increases

None of the above

Formwork demand is insensitive to hiring costs of formworkers

The elasticity of demand cannot be less than 1

Formwork demand is proportional to hiring costs of formworkers

Formwork demand is sensitive to hiring costs of formworkers

Shrink the industry’s PPF

Shift the industry’s PPF inwards

Shift the industry’s PPF outwards

None of the above

Expand only a part of the PPF

Shift to the left when construction demand increases

Shift to the right to indicate an increase in the desire of steel suppliers to take advantage of a booming construction market

None of the above

Shift to the left to indicate an increase in the desire of steel suppliers to take advantage of a booming construction market

Shift to the right when construction demand increases

Total supply of a given product

All of the above

Total demand of products in a market

Total production of a given sector