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According to critics, the assumption of costless production is:

A. true

B. not true

C. reliable

D. deniable

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. Who finalized the model of imperfect competition?
  2. When total product increases at a decreasing rate:
  3. Because of selling costs, the demand curve of a firm shifts:
  4. Airlines that try to lower fares in order to increase revenues believe that demand for airline services…
  5. Ceteris paribus clause in the law of demand means:
  6. In the theory of firm, Chamberline presented the idea of:
  7. Which of the following is not an explicit cost of production?
  8. In second degree price discrimination, monopolist takes away :
  9. The basic and essential economic problems in a community are related to choice and:
  10. Other things remaining the same, when a consumers income increases his equilibrium point moves to:
  11. The proportionality rule in production requires that the ratios of MP and factor prices are:
  12. Capital Saving Technological Progress can be defined as:
  13. The slope of isocost line (budget line) shows:
  14. The Input-Output Analysis was originated by:
  15. When a consumer is satisfied with his spending pattern, he is said to be in:
  16. If the price of a product falls then quantity demanded tends to increase ceteris paribus because:
  17. Total fixed costs are:
  18. When elasticity of demand is greater than one (e >1), then following the formula MR=P[1-1/e], the MR…
  19. In cournot model, each firm expects a reaction from his rival but the expected reaction is not:
  20. The slutsky demand curve includes:
  21. If a good is an inferior good then an increase in incomes of the consumers will:
  22. Identify the factor, which generally keeps the price elasticity of demand for a commodity low:
  23. Now-a-days in real life, we are unable to fined:
  24. Each firm in cournot model assumes that its competitor will:
  25. Moving along the indifference curve leaves the consumer:
  26. When a consumer reached at the point of saturation then marginal utility (MU) is:
  27. Marginal utility means:
  28. The relationship between price effect, income effect and substitution effect is:
  29. In the case of a giffen good, the income effect:
  30. In Edgeworth model, prices oscillate between: