B.
Output is effected
Equilibrium is effected
Input is effected
Reputation is effected
MC = MR
MC cuts the MR from below
MC rises when it cuts the MR
All the above three conditions are fulfilled
SACs
LACs
SMCs
LMCs
Do not effect equilibrium
Affect equilibrium
Both a and b
None of the above
Least cost factor combination
Optimum factor combination
Both a and b
None of them
Supply
Demand
Production
Consumption
The operation of increasing cost
The existence of fixed cost
The existence of variable cost
All of the above
banned
allowed
partially allowed
none of the above
Zero
Infinite
Equal to one
Greater than zero but less than infinite
Negative
Positive
Zero
Infinite
Price of commodity X in terms of Y
Price of commodity Y in term of X
Income of the consumer
All of the above
Contraction of demand
Decrease in demand
Increase in demand
Extension of demand
Planned products curve
Planned material curve
Planned costs curve
Planned sales curve
Concave to the origin
Convex to the origin
Tangent to the origin
None of the above
V-shaped traditional cost curves
S-shaped traditional cost curves
Modern cost curves
U-shaped traditional cost curves
Are downward sloping to the right
Show different input combination producing the same output
Intersect each other
Are convex to the origin
Monopoly
Monopolistic competition
Oligopoly
Perfect competition
Resources of the economy
Interests of the economy
Limitations of the economy
Qualities of the economy
Equal to zero
Equal to one
Equal to infinite
More than one
Increases
Remains the same
Diminishes
Zero
Close substitutes are available
It has a high price
It is a luxury
It has no very close substitutes
Negatively sloped demand curve
Positively sloped demand curve
Horizontal demand curve
Vertical demand curve
Free goods
Economic goods
Luxury goods
None of the above
The price of substitute does not change
The taste of the consumer does not change
The income of the consumer does not change
All of the above
Hand of God
Market self regulating system
Hands of invisible people
Regulations of government
Infinitely elastic demand
Infinitely inelastic demand
Relatively elastic demand
Relatively inelastic demand
Consumers get better quality goods
Cost of production falls and hence price will follow
Goods will be sold in many markets
None of the above
Quantity exchanged would fall and price would rise
Quantity exchanged and price would both fall
Quantity exchanged would rise and price might rise or fall
Quantity exchanged and price would both rise
The price falls and the demand also falls down
The price increases but demand falls down
The price increases the demand remains constant and when the price remains constant the demand goes up
The price remains constant but demand falls
Not different
Same
Not same
Zero