Also decrease it

Increase it

Remain uneffected

None of the above

**In cournot model, during the process of adjustment, the number of firms:****The normal long-run average cost curve is influenced by the:****According to law of Equi-Marginal Utility when price of commodity falls then we bought:****Indifference curves reflect:****In a socialist (communist) economy the invisible hand:****The main contribution of Prof. R.G.D.Allen is in the field of:****Increasing return to scales can be explained in terms of:****Under conditions of perfect competition, price in the long-run is equal to:****Elasticity of demand is equal to unity while marginal revenue is:****Demand for a commodity is elastic when it has****The game theory takes into consideration:****A budget line shows:****Who wrote Mathematical Analysis for Economists?****Law of Substitution in production was presented by:****Which is the first-order condition for the profit of a firm to be maximum?****In price leadership, like leader, the follower firm may:****The main contribution of Malthus is in the field of:****Labor theory was firstly rejected by:****The non-price competition cartel is a:****The Hicksian indirect utility function in the form of equation is:****Identify the economist who first developed the theory of income determination in its modern form:****The basic and essential economic problems in a community are related to choice and:****The law of demand is most directly a result of:****The general form of Cobb-Douglas production function is:****Traditionally, the study of determination of price is called:****In terms of price, the indirect utility function may be:****The difference between average total cost and average fixed cost shows:****When the output of a firm is increasing, its average fixed cost:****Marginal Productivity Theory deals with the theory of:****The sufficient condition of firms equilibrium requires:**