All of the consumer surplus
All of the producer surplus
Some part of the consumer surplus
None of them
C. Some part of the consumer surplus
Recessive strategy
Dormant strategy
Dominant strategy
Hidden strategy
Labor is variable
Labor is fixed
Capital is variable
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
Concave
Quasi-convex
Straight line
Convex
Only one use
Many uses
Uses which cannot be postponed
Uses very essential for the consumer
Parallel to each other
Dependent upon each other
Independent of each other
Zero
Negative
Positive
Infinite
Zero
The rising portion of its MR over and above the break-even (shut-down) point
The rising portion of its MC over and above the break-even (shut-down) point
The rising portion of its MC over and above the AC curve
The rising portion of its MC curve
From different groups of consumers
For different uses
At different places
Any of the above
Falling when average cost is falling
Rising when average cost is falling
Falling when average cost is rising
Rising when average cost is rising
1/2 of the total market demand
1/4 of the total market demand
1/3 of the total market demand
None of the above
A.C.Pigou
Alfred Marshal
J.M.Keynes
D.H.Robertson
E =1
E >1
E <1
E =0
Total utility will increase by 6 units
The marginal utility per rupee is 6
The consumer will buy more because marginal utility is positive
The consumer obtained an extra54 units
Are fixed even in the long period
When expressed as an average, show a continuous decline with increase of output
Do not reflect diminishing marginal returns
None of the above
Price system
Barter system
Islamic economic system
Socialistic system
The law of diminishing marginal utility
The law of demand
The Law of Diminishing Returns
The law of supply
An AR curve which is a horizontal straight line
An AR curve which slopes downward
An AR curve which has a kink
An AR curve shape of which cannot be predicted
x =f(P)
x =a-bp
A and B are substitute goods
A and B are complementary goods
A is an inferior good
B is an inferior good
Maximum
Zero
Minimum
Equal to one
Paul A.Samuelson
J.M.Keynes
Joan Robinson
Dr.mehboob ul Haq
U
V
P
S(inverted)
MRS
MRT
MRTS
MRPS
Variable costs
Fixed costs
Average costs
Marginal costs
Cannot make price adjustments
Can make price adjustments
Can adjust number of customers
None of the above
Research in mathematical economics
Economics of labor
Theory of production
Theory of demand
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
Costs per unit of output are lowest
Total profits are highest
Marginal cost is lowest
Profit per unit of output is zero
Engels curve
Production indifference curve
Budget line
Ridge line