Desire for them
Purchases
Production
Consumption
A. Desire for them
Statements of various assumptions or postulates
Logical deductions from the assumptions made
Testing the hypothesis against empirical evidence
All of the above
Increases
Decreases
Remains constant
None of above
Warehouses
Buildings
Dams
Share of stock
Monopolistic competition
Imperfect competition
Monopoly
Perfect competition
Negative sign is ignored
Positive sign is ignored
None of them
Both of them
Proportional demand curve (PDC) and individual demand curve (IDC) intersect each other
Proportional demand curve (PDC) and individual demand curve (IDC) are parallel to each other
Proportional demand curve (PDC) and individual demand curve (IDC) repel each other
None of the above
Style
Consumer
Cost
Material
Perfectly elastic
Elastic
Unitary elastic
Inelastic
Many goods have no effective substitutes
Nearly all goods have substitutes
The prices of substitute goods must be the same
Buyers will stop buying a good if its price rises
Product markets
Factor markets
Supply and demand
a, b and c
An AR curve which is a horizontal straight line
An AR curve which slopes downward
An AR curve which has a kink
An AR curve shape of which cannot be predicted
Ratio between price and marginal cost
Extent of monopolistic profit enjoyed by him
Cross-elasticity of demand for the product of the monopolist
Price charged by the monopolist minus marginal cost of production
Total cost or total variable cost
Total explicit cost
Total fixed cost
Total implicit cost
Deviates from his strategy
Does not deviate from his strategy
Does not think in a good way
None of the above
Left to right
Right to left
Both of them
None of them
An optimum firm
A representative firm
An oxford firm
A marginal firm
Slutsky approach
Hicksian approach
Marshallian approach
None of the above
An externality is a cost or benefit which is not transmitted through prices
An externality is a cost or benefit which is transmitted through prices
An externality is a production received through external resources
None of the above
Double to that of AR
1/2 to that of AR
2/3 to that of AR
Four times to that of AR
Parallel to each other
Dependent upon each other
Independent of each other
Zero
Two
One
Very large
A few
With using indifference curves
With using MRS
Without using indifference curve
None of the above
2/3 of capacity of its plants
3/4 of capacity of its plants
1/3 of capacity of its plants
1/2 of capacity of its plants
Perfectly elastic
Relatively elastic
Unitary elastic
Relatively inelastic
Equal to the slope of budget line
Greater than the slope of budget line
Smaller than the slope of budget line
Parallel to the slope of budget line
Price winner
Price searcher
Price taker
Price leaver
The change in price
The change in supply
The percentage change in supply
The percentage change in price
Reaction of rival firms
Reactions of people
No reaction of rival firms
None of the above
Inelastic demand in foreign markets
Elastic demand in foreign markets
Unit elastic demand in foreign markets
None of the above
The AVC curve
The AFC curve
The AC curve
The MC curve