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Capital and Development Planning is the work of:

A. S.Chakravarty

B. J.S.Mill

C. A.C.Pigou

D. F.W.Taussig

Correct Answer : A.


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  1. On a straight line demand curve, elasticity of demand at the midpoint is:
  2. The coefficient of the price elasticity of demand is computed as the absolute value of the percentage…
  3. The central problem of economics is:
  4. Two policy variables, product and selling activities in the theory of firm was introduced by:
  5. Price discrimination is possible:
  6. Which of the following formula determine the income elasticity of demand?:
  7. A monopolist has control over the price he charges for his product. He will be able to maximize his…
  8. Robbins definition of economics was criticised by:
  9. The price under perfect competition is settled by:
  10. Economics is a:
  11. Demand of a commodity is elastic when:
  12. In monopolistic competition, if a firm lowers its price, the rival firms will:
  13. If production increases under increasing returns to scale, the cost will:
  14. To attain maximum profits during short-run a firm should produce the output that will:
  15. Moving along the indifference curve leaves the consumer:
  16. Elasticity of demand is equal to unity while marginal revenue is:
  17. Any straight line supply which cuts the x-axis will have:
  18. Marginal cost is always:
  19. In Prisoner Dilemma, the best choice of strategy is:
  20. The short run cost curve is U shaped because of:
  21. Any expansion in output by a firm in the short period will always reduce the:
  22. According to Robbins, economics is a:
  23. Using total revenue and total cost, a profit maximizing firm will be equilibrium at a point:
  24. Now-a-days in real life, we are unable to fined:
  25. Under monopolistic competition, the products sold by the firms are:
  26. A loss bearing firm will continue to produce in the short run so long as the price at least covers:
  27. An economic model describing the working of an economy consists of:
  28. At final equilibrium in cournot model, each firm sells:
  29. An income demand curve of an inferior good is:
  30. In context of oligopoly, the kinky demand curve (kinked demand curve) hypothesis is designed to explain: