The different combinations of X and Y higher and lower without actually measuring the difference of utility between them
The different combinations of X and Y higher and lower and measuring the difference of utility between them
Different combination of X, Y and Z
None of above
B. The different combinations of X and Y higher and lower and measuring the difference of utility between them
Increases
Decreases
Remains the same
Is zero
Economic profit
Rent
Accounting profit
Normal profit
Current demand for computers will fall
Current demand for computers will rise
Current demand will change unpredictably
Current supply of computers will rise
Industry
All fields of production
Agriculture
None of the above
Adam Smith
Prof.Pigno
Prof. Robbins
J.B.Clark
Product costs
Real costs
Menu costs
Nominal costs
Negatively sloped
Positively sloped
Parallel to X-axis
None of the above
R.Nurkse
R.C.Mathews
W.A.Lewis
K.N.Raj
A stock concept
A flow concept
Both stock and flow
None of the above
Loss because of past
Learn from past
Destroy because of past
None of the above
Increase in demand for Y
Decrease in demand for Y
Increase in demand for both X and Y
Increase in demand for Y
higher prices
zero prices
lower prices
specific prices
Balance stat
Equilibrium
Disequilibrium
Authenticated form
Technological progress that causes to raise the marginal product of capital and labor in the same proportion
Technological progress that causes the marginal product of capital to increase relative to the marginal product of labor
Technological progress that causes the marginal product of labor to increase relative to the marginal product of capital
None of the above
true
not true
reliable
deniable
Concave isoquant
Convex isoquant
Constant isoquant
None of the above
Negative
Positive
Infinite
Zero
Contraction of demand
Decrease in demand
Increase in demand
Extension of demand
Downwards to the right
Upwards to the right
Backwards to the right
Inwards at the bottom
Hiring the building for the factory
Purchasing heavy machines
Paying the manager of the factory
Paying the laborers
Cost of the average units
Cost of the last units of average
Cost of the unit of production
Total cost marginal cost
fixation of price
Arc elasticity of demand
Cross elasticity of demand
Wage theory
Collusive oligopoly
Non-collusive oligopoly
Cartel
Perfect competition
Equal to the prices of its products
Positively related to output
Negatively related to output
Always higher than marginal cost
P = AC
P = MC
AC = MC
MC = TR
Desire for them
Purchases
Production
Consumption
Constant average cost
Diminishing cost per unit of output
Optimum use of capital and factor
External economies
Other things being equal
Because of this
Due to this
All the factors changes at the same rate