An iso-product (an isoquant) curve slopes:

A. Downward to the left

B. Downward to the right

C. Upward to the right

D. Upward to the left

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

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  1. AR curve under perfect competition:
  2. Who stated explicitly for the first time the Law of Camparative Costs?
  3. Cross-elasticity of demand or cross-price elasticity between two perfect substitutes will be:
  4. Neutral Technological Progress can be defined as:
  5. The concept of industry in monopolistic competition has been replaced by:
  6. If the production increases under decreasing returns to scale, the cost will:
  7. The cobweb model will convergent when the slope of:
  8. Which of the following pairs of commodities is an example of substitutes?
  9. Change in quantity demanded (expansion and contraction of demand) is:
  10. The game theory is concerned with:
  11. Marshallian demand function is also known as:
  12. Under Bandwagon effects, people use those goods which are used by their:
  13. LMC represents change in LTC (long-run total cost) due to producing an additional unit of a good while…
  14. The low cost price leader will charge:
  15. In a perfectly competitive market, suppliers must know:
  16. Total Utility (TU) curve:
  17. To calculate the elasticity of demand, which of the following formula is used?:
  18. The horizontal demand curve for a commodity shows that its demand is:
  19. Monopoly means:
  20. The main contribution of Prof.Robbins is in the field of:
  21. Who first formulated the Marginal Productivity Theory of Distribution?
  22. Suppose income increases by 10% and demand for commodity increases by 5% then the income elasticity…
  23. Cross-elasticity of demand or cross-price elasticity between two independent goods will be:
  24. A country is advised to devalue (reduce external value of) its currency only when its exports face:
  25. If the marginal utility is divided by the price of the commodity then it is called:
  26. When price decreases and with it the total outlay on a commodity also decreases, it is a case of:
  27. In the case where two commodities are good substitutes then cross elasticity will be:
  28. The number of sellers in oligopoly are:
  29. Abstinence or Waiting theory of Interest was presented by:
  30. In Recardian theory of value, the stress has been made on: