Production is a function of:

A. Profits

B. Costs

C. Inputs

D. Price

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

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  1. Under conditions of perfect competition, price in the long-run is equal to:
  2. Identify the author of The Principles of political Economy and Taxation:
  3. If a straight line supply curve makes an intercept on the X-axis, the elasticity of supply is:
  4. The vertical distance between TVC and TC is equal to:
  5. On the total utility curve the economically relevant range is the portion over which:
  6. The general form of Cobb-Douglas production function is:
  7. The cobweb model will convergent when the slope of:
  8. If the demand curve remains unchanged and supply increases, the price will:
  9. Monopoly means:
  10. Who formulated the Post-Keynsian Theory of Distribution and Growth?
  11. Under the perfect competition, the transportation cost:
  12. According to Marginalists, the price of any commodity is determined by:
  13. The expansion point is attained by joining:
  14. Income -elasticity of demand will be zero when a given change in income brings about:
  15. MRSxy measures:
  16. The proportional demand curve in monopolistic competition (also in kinked demand curve model), is like…
  17. If under perfect competition, in the short period, price does not cover the average cost completely,…
  18. The optimal strategy for a player is termed as:
  19. The cost of production is faced by a:
  20. If a monopolist is producing under decreasing cost conditions, increase in demand is beneficial to the…
  21. 4.The Law of Diminishing Returns according to the modern view, applies to:
  22. According to Chamberlin, the activity of a monopolistic competitive firm:
  23. In a competitive market, price is determined primarily by:
  24. The real income of a consumer is income in terms of:
  25. Indifference curve represents:
  26. A monopolist:
  27. Neutral Technological Progress can be defined as:
  28. Marshallian demand function is also known as:
  29. The proportionality rule in production requires that the ratios of MP and factor prices are:
  30. In case of straight-line isoquant, the factors are not substituted because they are each others: