An economic theory is :

A. An axiom

B. A proposition

C. A hypothesis

D. A tested hypothesis

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

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  1. Supply of a commodity refers to:
  2. In terms of price, the indirect utility function may be:
  3. In real life, brand loyalty is a barrier to:
  4. In monopolistic competition, the cost curves of all firms are:
  5. Decrease in demand results in:
  6. In short run, a firm can change its:
  7. Marginal utility equals:
  8. Economic laws are:
  9. In case of monopoly, when total revenue is maximum:
  10. After reaching the saturation point consumption of additional units of the commodity cause:
  11. Cournot equilibrium is attained where two reaction curves:
  12. Now-a-days in real life, we are unable to fined:
  13. According to law of Equi-Marginal Utility when price of commodity falls then we bought:
  14. The market demand for any commodity is the:
  15. In short run, a firm would remain in business as long as which one of the following of cost is covered?
  16. The law of Diminishing Marginal Utility implies that the marginal utility of a good decreases as:
  17. The shape of the TC curve is:
  18. The spending of money by the producer to influence consumers is an example of:
  19. Used cars are sold in:
  20. According to translog production function, elasticity of substitution is:
  21. If two goods are complements then indifference curve (IC) will be:
  22. Government planners play a central role in allocating resources:
  23. The difference between accounting profits and economic profits is:
  24. Which of the following does not have a uniform elasticity of demand at all points?
  25. Each firm in cournot model starts selling:
  26. When a competitive firm is in equilibrium in the long-run, its output is such that:
  27. Under monopolistic competition, the firms compete alongwith:
  28. Income distribution effects:
  29. The market demand shedule is determined by:
  30. The standard form of demand function is: