Always three times than the slope of AR
Always double than the slope of AR
Always equal to the slope of AR
None of the above
B. Always double than the slope of AR
Derived demand
Joint demand
Demand creation
Compressed demand
LMC.Q
AC.Q
LC.Q
LAC.Q
Rise
Fall
Remain unchanged
Change depending on respective elasticities
Less than one
Equal to one
More than one
Equal to infinity
Abnormal profits
Only normal profits
Neither profits nor losses
Profits and losses which are uncertain
Less than one
Equal to one
More than one
Equal to infinite
Total production
Fixed production
Variable production
None of the above
Technological progress that causes to raise the marginal product of capital and labor in the same proportion
Technological progress that causes the marginal product of capital to increase relative to the marginal product of labor
Technological progress that causes the marginal product of labor to increase relative to the marginal product of capital
None of the above
Very good substitutes
Poor substitutes
Good complements
Poor complements
A lower indifference curve
A lower PPC curve
Remains on same indifference curve
A higher indifference curve
Donot change
Change
Both a and b
None of the above
Marshal
J.R.Hicks
Adam smith
Rostow
Due to change in price while other factors remain constant
Due to change in factors other than price
Both a and b
None of the above
Monopoly
Oligopoly
Imperfect competition
Perfect competition
Modern and traditional industries
Public and private sectors
Foreign and domestic investments
Commercial and subsistence farming
Average requirement for it in any given place
Amount of it wanted at any given price
Amount that people would like to buy during a period at different prices
Quantity needed to maintain a given standard of living
Loss because of past
Learn from past
Destroy because of past
None of the above
Classical economists
Keynes
Neo-classical economists
Karl Marx
All factors are variable
There is a fixed factor and variable factor
All factors are non-variable
None of the above
Friends
Relatives
Family
All of them
Below
Above
Equal level
None of the above
Physical units
Monetary units
Constant units
Current units
Supreme powers
Discretionary powers
Low powers
None of the above
Instable equilibrium
Stable equilibrium
Constant equilibrium
Fluctuating equilibrium
Total expenditures increases
Total expenditures decreases
Total expenditures are zero
Total expenditures remain same
Restrict output to increase price
Produce where MC > P
Create a gap b/w quantity demanded and supplied
None of the above
Concave to the origin
Convex to the origin
Tangent to the origin
None of the above
Developed economy
Laissez-fair economy
Mixed economy
Capitalistic economy
Zero
Infinity
Unity
More than unity
He will consume only one of them
He will consume equal quantities of them
He will be willing to pay the same price for each of them
The total utility gained from each of them is equal