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Nash equilibrium is applicable in case of:

A. Cournot model

B. Edgeworth model

C. Chamberline model

D. Sweezy model

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  1. When SAC curve rises, SMC curve lies its:
  2. The slope of indifference curve shows:
  3. In market sharing cartel model, cartel determines the shares of:
  4. A decrease in demand lowers the price the most:
  5. The Prisoners Dilemma was presented by A.W.Tucker in:
  6. The demand curve of a firm in monopolistic competition is:
  7. An inferior good/ commodity is inferior for:
  8. Which of the following oligopoly models is concerned with the maximization of joint profits?
  9. When the level of optimal factor combination is over and more labor is employed with the fixed plant,…
  10. If by doubling all inputs in the long run output is less than double, it is a case of:
  11. Elasticity (E) expressed by the term, 8 >E>1, is:
  12. In non-constant sum game (non-zero sum game), if there are two parties then:
  13. Marginal Utility (MU) curve is always:
  14. In the short-run, in which one of the following situations would a competitive seller close down (shut-down)?
  15. Which of the following is called Gossens first law?
  16. The slope of isocost line (budget line) shows:
  17. The slope of budget line shows the price ratios of:
  18. The slutsky demand curve includes:
  19. Which of the following does not have a uniform elasticity of demand at all points?
  20. The falling part of total Utility (TU) curve shows:
  21. A high value of cross-elasticity indicates that the two commodities are:
  22. Variable costs refer to:
  23. The longer the period of time, the elasticity of supply will be:
  24. In cournot model, during the process of adjustment, the number of firms:
  25. Economic problems arise because:
  26. If the increase in demand is more than the increase in supply, the price will:
  27. In monopolistic competition, the customers are attached with one product because of:
  28. Any straight line supply which cuts the x-axis will have:
  29. Marginal cost is always:
  30. If the marginal utility of apples to a consumer exceeds that of bananas then the consumer: