According to law of Equi-Marginal Utility when price of commodity falls then we bought:

A. More units

B. Less units

C. Same units

D. Zero units

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

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  1. In dominant price leadership model, the dominant firm set the:
  2. A monopolist is:
  3. When total product (TP) is maximum:
  4. Which of the following models are associated with non-collusive oligopoly?
  5. Ordinal approach includes arranging:
  6. If the supply and demand increases equally, the price will:
  7. Each short run average cost curve:
  8. Cross-elasticity of demand or cross-price elasticity between two independent goods will be:
  9. Price-taker firms:
  10. When at a given price, the quantity demanded of a commodity is more than the quantity supplied, there…
  11. The monopolist who is producing the same output from two (or more than two) plants is concerned with:
  12. In the range of excess capacity, the average costs are:
  13. The market demand for any commodity is the:
  14. Supply and demand changes have their most rapid impact in:
  15. Change in quantity demanded (expansion and contraction of demand) is:
  16. Robbins definition of economics was criticised by:
  17. According to Cobb-Douglas, in production function the marginal product of labor is:
  18. When elasticity of demand is greater than one (e >1), then following the formula MR=P[1-1/e], the MR…
  19. In monopolistic competition, the firms follow:
  20. A mixed economy is characterized by the coexistence of:
  21. Labor Saving Technological Progress can be defined as:
  22. Perfect competition implies:
  23. The market demand shedule is determined by:
  24. Marginal Productivity Theory deals with the theory of:
  25. Total variable cost curve:
  26. The vertical demand curve for a commodity shows that its demand is:
  27. Price elasticity of demand can be measured in the following way:
  28. A decrease in demand lowers the price the most:
  29. An exceptional demand curve is:
  30. When the demand curve is rectangular hyperbola, it represents: