Double to that of AR
1/2 to that of AR
2/3 to that of AR
Four times to that of AR
A. Double to that of AR
Different
Same
Zero
None of the above
Enforce contracts
Make contracts
Make negotiations
Do not make negotiations
A and B are substitute goods
A and B are complementary goods
A is an inferior good
B is an inferior good
Every consumer
Most consumers
All consumers
Some consumers and not for others
Immediate-run decision
Market period decision
Short-run decision
Long-run decision
Government
Consumer
Producer
Stock holder
Two points on demand curve
Two points on supply curve
Many points on demand curve
Many points on demand curve
Transportation costs
The interplay of demand and supply
Costs of production
The marginal product of labour
AP curves
MP curves
Both of them
None of them
Wages of the labor
Charges of electricity
Interest on owned money capital
Payment for raw materials
Analyst
Catalyst
Pessimist
Optimist
That how many utils are obtained from consuming different bundles of commodities
Different collections of two commodities the consumer considers to be of equal value
That if price increases there will be an increases in demand
None of the above
Profit curve
Demand curve
Average cost curve
Indifference curve
Shifts rightward
Shifts leftward
Does not shift
None of the above
Cup-shaped
Oval-shaped
Saucer-shaped
Glass-shaped
X.PX + Y.PY = 1
X.PX + Y.PY < 1
X.PX + Y.PY > 1
X.PX + Y.PY = 0
The different combinations of X and Y higher and lower without actually measuring the difference of utility between them
The different combinations of X and Y higher and lower and measuring the difference of utility between them
Different combination of X, Y and Z
None of above
Standardized product
Differentiate product
Two firms
No entry
Consumers
Employees
People
Labor
The U shape of long-run cost curve is less pronounced than the short-run cost curves
The U shape of the short-run cost curves is less pronounced than the long-run cost curves
The U shape of the long-run cost curve is more pronounced than the short-run cost curves
The long-run cost curves are never U shaped
Zero (perfectly inelastic)
Equal to one (unitary elastic)
Infinite (perfectly elastic)
None of the above
Excess demand
Qd > Qs
Shortage of supply
All of the above
Transforming Traditional Agriculture
Productivity and Technical Change
Jobs, Poverty and the Green Revolution
Causes of Poverty
Total units /No. of Revenues
Total Revenue/No. of Units
Marginal Revenue × Units
Total Units/ Price
Can be added
Can be subtracted
Can be multiplied
Can be divided
A strategy taken by a dominant firm
A strategy taken by a firm in order to dominate its rivals
A strategy that is optimal for a player no matter an opponent does
A strategy that leaves every player in a game better off
Monopoly
Private property
Workable competition
Oligopoly
Stagnant
Mobile
Immobile
Rare
Output is maximum
Profit is maximum
Revenues are maximum
Profit is minimum
Indifference curves shift down
Budget line shifts down
Indifference curve shift up
Budget line pivots