J.R.Hicks was:
Neo-classical economist
Classical economist
Keynesian economist
Post-Keynesian economist
- Rent is a creation of value, not of wealth who made this observation?
- Supply of commodity is a:
- Competitors in monopolistic competition have full control over:
- Economies of large-scale production:
- The imaginary differentiation is attributed to difference in:
- A mixed economy is characterized by the coexistence of:
- In cournot model, during the process of adjustment, the number of firms:
- Under perfect competition, the average revenue, marginal revenue and price are shown:
- Total fixed costs are:
- If Marginal Utility (MU) is zero, then total utility is:
- The right of individuals to control productive resources is known as:
- The cost of one thing in terms of the alternative given up is known as:
- In income effect, we:
- The firm in cournot model:
- The main contribution of David Ricardo is in the field of:
- Total variable costs in equation form are:
- Production indifference curve (isoquant) is a curve which shows:
- Which of the following is not a U shaped curve:
- In discriminating monopoly (price discrimination), the elasticity of demand of product in two markets…
- The Hicksian demand curve includes:
- The firms in non-cooperative games:
- In monopolistic competition, the real differentiation in products is due to difference in:
- A firm in a position of equilibrium is supposed to be maximizing:
- In second degree price discrimination, monopolist takes away :
- In joint-profit maximization cartel, the distribution of profit is:
- The long-run average cost is based on the fact that:
- Change in demand refers to:
- If the production function is homogeneous, the expansion path will be a straight line through the origin…
- Discriminating monopoly implies that the monopolist charges different prices for his commodity:
- The slope of isocost line (budget line) shows: