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If the demand curve remains unchanged and supply increases, the price will:

A. Rise

B. Fall

C. Remain the same

D. None of the above

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

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  1. If production increases under constant returns to scale, the cost will:
  2. The point where the supply and demand curves intersect on a graph determines:
  3. If two goods are perfect substitutes then IC will be:
  4. When there is decrease in demand the demand curve:
  5. In short-run, in monopolistic competition, a firm earns:
  6. According to Diamond Water Paradox diamonds are more expensive than water because:
  7. A demand schedule is shown as:
  8. In Bertrand model, the entry of new firms is:
  9. The external economies of scale experienced by a firm include the:
  10. For the equilibrium of the firm and the industry in the short period in a competitive market, the condition…
  11. Revealed Preference Theory was presented by:
  12. If the price of a product falls which of the following would occur?
  13. The Hicksian demand curve includes:
  14. The elliptical isoquant represents the:
  15. When the level of optimal factor combination is over and more labor is employed with the fixed plant,…
  16. Marginal utility is only meant for:
  17. Indifference curve approach (ordinal approach) is superior to utility approach (cardinal approach) because:
  18. Which is the first-order condition for the profit of a firm to be maximum?
  19. The slope of budget line shows the price ratios of:
  20. Contraction in demand occurs when:
  21. A monopolist will fix the equilibrium output of his product where the elasticity of his average revenue…
  22. A high value of cross-elasticity indicates that the two commodities are:
  23. A firm will be in equilibrium when the lowest isocost is:
  24. Under price discrimination, the buyers must:
  25. If the commodity is normal then the Income Effect (I.E) and the Substitution Effect (S.E):
  26. Substitution effect means a consumer
  27. Diminishing returns occur when a firm:
  28. Which is the other name that is given to the average revenue curve?
  29. Micro economics is concerned with:
  30. In Prisoners Dillemma, the players are: