Also decrease it
Increase it
Remain uneffected
None of the above
B. Increase it
Labor is variable
Labor is fixed
Capital is variable
None of the above
X.PX + Y.PY = 1
X.PX + Y.PY < 1
X.PX + Y.PY > 1
X.PX + Y.PY = 0
Unitary elastic demand
Perfectly elastic demand
Perfectly inelastic demand
Relatively elastic demand
More elastic
Less elastic
Unit elastic
Zero elastic
Quantity exchanged might rise or fall and price would rise
Quantity exchanged would rise and price would fall
Quantity exchanged would rise and price might rise or fall
Both quantities exchanged and price would rise
Increasing returns to scale
Decreasing returns to scale
Constant returns to scale
Variable returns to scale
The same level of price
The same level of satisfaction
The higher level of satisfaction
The lower level of satisfaction
Infinitely elastic demand
Infinitely inelastic demand
Relatively elastic demand
Relatively inelastic demand
Physical units
Monetary units
Constant units
Current units
Higher marginal valuation for consumer
Lower marginal cost for producer
Higher marginal cost for producer
Both (a) and (c)
No distinction between firm and industry
One firm and no industry
No firm and no industry
None of the above
Horizontal
Vertical
Positively sloped
Negatively sloped
A vertical demand curve
A horizontal demand curve
A rectangular hyperbola demand curve
A downward sloping demand curve
Friends
Relatives
Family
All of them
Perfectly elastic
Elastic
Unitary elastic
Inelastic
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
Every firm will earn economic profit
Every firm will incur losses
Every firm will earn only normal profit
The marginal firm will earn no profit
Advertise to increase the demand for their product
Do not advertise, because most advertising is wasteful
Do not advertise because they can sell as much as they want at the current price
Who advertise will get more profits than those who do not
Collusive oligopoly
Non-collusive oligopoly
Cartel
Perfect competition
Marginal cost curve
Average variable cost curve
That part of the marginal cost curve which equals or is greater than AVC
Average total cost curve
Close substitutes
Good complements
Completely unrelated (independent goods)
None of the above
Complements
Close substitutes
Both a and b
None of the above
Consumer surplus
Zero
Two rupees
Excess demand
MR>AR
MR=AR
AR=0
From different groups of consumers
For different uses
At different places
Any of the above
Horizontally
Vertically
Permanently
Perpetually
Monopoly
Perfect competition
Monopolistic competition
Oligopoly
Desire for them
Purchases
Production
Consumption
Monopoly
Perfect competition
Oligopoly
Imperfect competition
The slope of the TVC curve
The slope of the TVC curve but not the slope of the TC curve
The slope of the TC curve but not by the slope of the TVC curve
Either the slope of the TVC curve or the slope of the TC curve