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If the production increases under decreasing returns to scale, the cost will:

A. Increase at decreasing rate

B. Increase at constant rate

C. Decrease at increasing rate

D. Increase at increasing rate

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

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  1. The good will highest income elasticity is:
  2. Money spent by a firm on the purchase of capital equipment is:
  3. Variable costs refer to:
  4. The game theory takes into consideration:
  5. A country is advised to devalue (reduce external value of) its currency only when its exports face:
  6. To get more revenue, a Finance Minister impose tax on that commodity which has:
  7. The output where TC = TR & AC = AR:
  8. The total revenue curve for monopolist is the shape of:
  9. Who is the author of Choice of Technique?
  10. The production process is:
  11. An iso-product (an isoquant) curve slopes:
  12. The spending of money by the producer to influence consumers is an example of:
  13. Price is measured in:
  14. Capital and Development Planning is the work of:
  15. The number of firms in monopolistic competition normally range between:
  16. Other things remaining the same, when a consumers income increases his equilibrium point moves to:
  17. For the equilibrium of the firm and the industry in the short period in a competitive market, the condition…
  18. If demand is elastic and supply is inelastic then the burden of a tax on the good will be:
  19. If a person behaves against the laws of economics then:
  20. The Law of Proportionality is another name of:
  21. If the factors have to be employed in a fixed ratio, then the elasticity of substitution under Leontief…
  22. The equilibrium conditions, MC = MR = AR = AC, will happen:
  23. Normally when price per unit of time falls:
  24. According to Chamberline, in monopolistic competition, differentiation is determined by:
  25. The Lambda or Langrange Multiplier is a:
  26. Under monopoly and imperfect competition MC is:
  27. According to translog production function, elasticity of substitution is:
  28. When the income of consumer increases then budget line will:
  29. When was Adam Smiths major work An Enquiry into the Nature and Causes of Wealth of Nations published?
  30. If, at the prevailing price, more of a good is desired than is available for sale: