monopolistic firms
monopoly
competitive firms
none of the above
C. competitive firms
Stable cobweb model
Perpetual oscillation
Both(a) and(b)
None of them
Is also same
Is different
Is constant
Is zero
Income effect(I.E)
Substitution effect(S.E)
Taste effect
Both a and b
Abnormal profits
Only normal profits
Neither profits nor losses
Profits and losses which are uncertain
Horizontal
Vertical
Positively sloped
Negatively sloped
Rise by the amount of the tax
Rise by more than the amount of the tax
Rise by less than the amount of the tax
Remain the same
higher prices
zero prices
lower prices
specific prices
Demand curve is more than supply curve
Supply curve is more than demand curve
Supply curve is equal to demand curve
None of the above
A downward sloping straight line
A downward sloping curve
An upward rising curve
Right angled iso-quants
Change in consumers income
Change in consumers tastes
Change in price
None of the above
One
Zero
Two
Five
Output is maximum
Profit is maximum
Revenues are maximum
Profit is minimum
Constant returns to scale
Increasing returns to scale
Decreasing returns to scale
None of the above
Growth of firms processing its waste materials
Development of research bureau serving the industry
Supply of suitable skilled labor in the area
All of the above
What you do
What you are doing
What you not do
None of them
Budget line and indifference curve intersect each other
Budget line and indifference curve are tangent to each other
Budget line and indifference curve are opposite to each other
Budget line and indifference curve are parallel to each other
At different points
At the falling parts of each
At their respective minimums
At the rising parts of each
Equal MU from both commodities X and Y
More MU from commodity X than from commodity Y
More MU from commodity Y than from commodity X
Equal marginal utility from the last rupee spent on commodity X and commodity Y
Gaming
Strategic decisions
Both a and b
None of the above
Is a disequilibrium price
Is an equilibrium price
Means a shortage exists as a market is cleared
Must be set by the government
Firms and industry price
Monopoly and duopoly price
Competitive and monopoly price
None of the above
Long-run average cost (LAC) curves
Short-run average cost (SAC) curves
Average variable cost (AVC) curves
Average total cost (ATC) curves
Economics of Welfare
Commerce and Trade
Industrial Economics
None of the above
Perfect competition price is charged
Monopoly price is charged
Monopoly price is not charged
None of the above
Output cost
Output ratio
Input prices
Input ratio
In the long-run
In the short-run
For luxuries
In the immediate-run
Science of wealth
Science of national welfare
Science of optimality
Science of scarcity
Sunspot Theory
Monetary Theory
Saving-Investment Theory
Innovation Theory
Infinitely elastic demand
Infinitely inelastic demand
Relatively elastic demand
Relatively inelastic demand