Question No : 15
In the immediate run:
Question No : 16
The difference between accounting profits and economic profits is:
Question No : 17
Increase in demand occurs when:
Question No : 18
In modern cost theory, AVC= b1 and MC= b1 in the range of:
Question No : 19
In monopolistic competition, the firm compete on the basis of:
Question No : 20
If as a result of an increase in prices, total outlay (expenditures) on a commodity decreases, its price-elasticity of demand is:
Question No : 21
The marginal revenues are derivatives of: