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Marginal Productivity Theory deals with the theory of:

A. Distribution

B. Exchange

C. Market structure

D. Consumer behaviour

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  1. Increasing return to scales can be explained in terms of:
  2. Marginal cost is found with the help of changes in:
  3. If the price of product A decreases and in the result the demand for product B increases then we can…
  4. An optimum level of a firms output is:
  5. Even in the long-run equilibrium, the pure monopolist can make abnormal profits because of:
  6. LMC represents change in LTC (long-run total cost) due to producing an additional unit of a good while…
  7. Capital Saving Technological Progress can be defined as:
  8. If X and Y are close substitutes, a rise in the price of X will lead to:
  9. In the perfect competition, there is a process of:
  10. Capital and Development Planning is the work of:
  11. Under the law of variable proportions, the average and the marginal product of the variable factor would…
  12. In short run:
  13. From the resource allocation view point, perfect competition is preferable because:
  14. The real income of a consumer is income in terms of:
  15. If as a result of a decrease in price, total outlay (expenditures) on a commodity increases, its price-elasticity…
  16. In the long-run:
  17. The games which played by players again and again are called:
  18. The general markets results from the imposition of price ceilings has been:
  19. In 1890, Principles of Economics was written by:
  20. The marshallian demand curve includes:
  21. In case of straight-line isoquant, the factors are not substituted because they are each others:
  22. The situation in between the extremes of the govt. controlled, planned economy and the perfectly free,…
  23. With the decrease in marginal valuation of a specific commodity, the price offered by the people:
  24. The elliptical isoquant represents the:
  25. In perfect competition, the slope of the total revenue curve of a firm is equal to the:
  26. Gold is bought and sold in a:
  27. On an indifference map higher indifference curves show:
  28. By increasing the price of its products above those of its competitors, a perfectly competitive seller:
  29. By reducing the prices of its products below those of its competitors, a perfectly competitive seller:
  30. Marginal Utility (MU) curve is always: