Law of variable proportions is based on the assumption of:

A. Short period of time

B. Long period of time

C. Timeless production relationship

D. All of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. Social costs equal private costs when:
  2. Marginal Productivity Theory deals with the theory of:
  3. If the demand curve is vertical then its slope is:
  4. In perfect cartel, the:
  5. Dumping is international discriminating:
  6. Elasticity (E) expressed by the term, 1>E>0, is:
  7. The point where the supply and demand curves intersect on a graph determines:
  8. The substitution effect works to encourage a consumer to purchase more of a product when the price of…
  9. The cobweb model will divergent when the slope of:
  10. The number of sellers in duopoly is:
  11. The economic problem of determining the combination of inputs yielding lowest cost for producing a given…
  12. Rent is a creation of value, not of wealth who made this observation?
  13. An income demand curve of an inferior good is:
  14. In dominant price leadership model, the small firms are like:
  15. A firm considering what type of new plant to build is involved in a:
  16. In case the two commodities are complements, cross elasticity will be:
  17. If the commodities X and Y are perfect substitutes then:
  18. The slope of indifference curve shows:
  19. In case of short-run, the supply curve of an industry is the horizontal summation of:
  20. In market sharing cartel model, cartel determines the shares of:
  21. The factors of production in perfect competition are:
  22. The income consumption curve (ICC) is the locus of points of consumer equilibrium resulting:
  23. Cross-elasticity of demand or cross-price elasticity between two substitutes will be:
  24. The relationship between AC and MC curves depend upon the behavior of:
  25. A decrease in demand lowers the price the most:
  26. The long run average cost curve is:
  27. Who is the author of the famous work Asian Drama: An Enquiry intro the Causes of Poverty of Nations?
  28. The number of sellers in oligopoly are:
  29. A normal profit is:
  30. The game theory was basically presented by: