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Change in quantity demanded refers to:

A. Upward shift of the demand curve

B. Downward shift of the demand curve

C. Movement on the same demand curve

D. None of the above

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

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  3. Which of the following is called Gossens first law?
  4. A firms profit is equal to:
  5. In a socialist (communist) economy the invisible hand:
  6. In a competitive market, price is determined primarily by:
  7. The Prisoners Dilemma was presented by A.W.Tucker in:
  8. In modern cost theory, AVC= b1 and MC= b1 in the range of:
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  13. In the case of a normal goods, the income effect:
  14. The Law of Equi-Marginal Utility refers to:
  15. Who is the author of Problems of Capital Formation in Underdeveloped Countries?
  16. Who first used the term Quasi-Rent?
  17. A mixed economy is characterized by the coexistence of:
  18. In cournot model, firms sell:
  19. If X and Y are close substitutes, a fall in price of X will lead to:
  20. An income demand curve of an inferior good is:
  21. If the demand curve is inelastic then:
  22. Gold is bought and sold in a:
  23. The line from the origin to a point on an isoquant shows:
  24. Because of selling costs, the demand curve of a firm shifts:
  25. The difference between accounting profits and economic profits is:
  26. Perfect competition implies:
  27. Who is the author of Trade Cycle ?
  28. An effective price ceiling usually results in:
  29. Using total revenue and total cost, a profit maximizing firm will be equilibrium at a point:
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