Diseconomies of management lead to:
Decreasing returns to scale
Constant returns to scale
Increasing returns to scale
maximum returns to scale
- If the marginal utility of apples to a consumer exceeds that of bananas then the consumer:
- Used cars are sold in:
- The budget constraint can be written as:
- Which of the following formula determine the income elasticity of demand?:
- A normal profit is:
- Abstinence or Waiting theory of Interest was presented by:
- The law of variable proportions comes into being when:
- Under monopolistic competition, the firms compete alongwith:
- As the price of diamond is higher, so it has:
- A firm will be in equilibrium when the lowest isocost is:
- Which of the following oligopoly models is concerned with the maximization of joint profits?
- The minimization of costs subject to output requires equilibrium at the lowest:
- Indifference curve approach (ordinal approach) is superior to utility approach (cardinal approach) because:
- The Lambda or Langrange Multiplier is a:
- In the long run average costs curve, a firm can change:
- In case of monopoly, TR curve rises at a:
- Production indifference curve (isoquant) is a curve which shows:
- If a straight line supply curve passes through the point of origin O, the elasticity of supply is:
- The short-run periods in monopolistic competition are:
- Time Preference Theory of Interest was presented by:
- Ordinal approach includes arranging:
- When sales tax is imposed on monopolist, its:
- According to Marshallian approach, utility:
- Technological efficiency:
- Excess capacity is concerned with the:
- Engel curves shows that:
- A budget line shows:
- In the theory of firm, Chamberline presented the idea of:
- The entry of new firms in cournot model is:
- Cross-elasticity of demand or cross-price elasticity between two complements will be: