Law of Variable Proportions is regarding in:
Short-Run
Long-Run
Medium-Run
None of the above
- Now-a-days in real life, we are unable to fined:
- If the prices of goods rise then:
- In dominant strategies I am doing the best, I can no matter:
- Market demand curve is:
- The monopolist firm is price setter. The price setter firm is one which:
- Which describes a competitive market?
- Money spent by a firm on the purchase of capital equipment is:
- In cournot model, each firm expects a reaction from his rival but the expected reaction is not:
- Social costs equal private costs when:
- The long run total cost is attained by:
- Economics is a:
- The difference between the average total cost and average variable cost as output increases will:
- The firm is said to be in equilibrium when the difference between revenue and cost is:
- Scarcity means:
- If the demand curve remains unchanged and supply increases, the price will:
- Ceteris paribus clause in the law of demand means:
- The marshallian demand curve includes:
- The demand of the necessities is:
- When there is decrease in demand the demand curve:
- External economies are witnessed in:
- In modern theory, LAC = LMC after the attainment of:
- Which of the following formulae explain the term average revenue?
- The short-run periods in monopolistic competition are:
- The costs faced by the firm against fixed factors are:
- If cross-elasticity of one commodity for another turns out to be zero, it means they are:
- At low prices, demand is likely to be:
- Scarcity is:
- The difference between average total cost and average fixed cost shows:
- The addition or increment to the total cost involvesd in expanding or contracting output by one unit…
- When total product falls: