The price of their product
Product quality
The shape of the market demand curve
The elasticity of product substitution
B. Product quality
Marginal utility of commodity X
Marginal utility of commodity Y
Marginal utility per rupee spent on X and Y commodities
None of the above
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
All of the consumer surplus
All of the producer surplus
Some part of the consumer surplus
None of them
Alfred Marshal
J.S.Mill
David Ricardo
A.C.Pigou
Vertical summation of individual demand curves
Upward summation of individual demand curves
Downward summation of individual demand curves
Horizontal summation of individual demand curves
David Ricardo
Adam Smith
T.R.Malthus
J.S.Mill
Variable
Constant
Increasing
Decreasing
Infinite
Zero
Equal to one
None of the above
Higher prices
Increased prices
Increased consumption
Shortage of products
MC = MR
MC cuts the MR from below
MC rises when it cuts the MR
All the above three conditions are fulfilled
Conditional
Moral by nature
Predicted
Like laws of sports
Horizontal demand curve
Vertical demand curve
Similar demand curve
Differential demand curve
Capital cost plus operating costs
Capital costs alone
Capital costs plus spill-over costs
Operating costs alone
None of the factors are variable in the long-run
All factors are perfectly divisible in the long-run
None of the factors is divisible
Management factor is indivisible while all other factors are divisible and can be varied in long-run
Price
Entry
Both a and b
None of the above
Circle
Rectangle
Parabola
None of the above
Average variable cost
Average fixed cost
Average variable cost + average fixed cost
Marginal costs
Choices
Preferences
Both a and b
None of the above
Monopoly
Perfect competition
Monopolistic competition
Oligopoly
Spill-over costs
Money costs
Alternative costs
External costs
Monopoly
Perfect competition
Duopoly
Monopolistic competition
R.Nurkse
N.Kaldor
S.kuznets
Alfred Marshal
Utility effect
Budget line effect
Substitution effect
Income effect
Marginal cost curve
Average variable cost curve
Fixed cost curve
Average cost curve
Average fixed cost increases sharply
More production yields lower per unit price
The law of variable proportions applies to short run production
Sales expenses become much larger
Transportation costs
The interplay of demand and supply
Costs of production
The marginal product of labour
Stable cobweb model
Perpetual oscillation
Both(a) and(b)
None of them
>
None of the above
Only two commodities
Only three commodities
More than three commodities
Any number of commodities
An increase in supply of coca cola
A decrease in supply of coca cola
An increase in demand for coca cola
A decrease in demand for coca cola