Short run cost curves are influenced by:

A. Principle of returns to scale

B. Law of variable proportions

C. External and internal economies and diseconomies

D. None of the above

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

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  1. Abstinence or Waiting theory of Interest was presented by:
  2. In case of monopoly, both AR and MR fall, but MR falls:
  3. When total product falls:
  4. The firms in non-cooperative games:
  5. The firm is said to be in equilibrium when the difference between revenue and cost is:
  6. All the firms with identical costs under perfect competition well, in the long-run, earn only:
  7. General Equilibrium deals with the equilibrium of the:
  8. In monopolistic competition, the firm compete on the basis of:
  9. A demand curve is not related to:
  10. In the case of two factor inputs which are neither perfectly complementary nor perfect substitutes,…
  11. The Law of Diminishing Marginal Returns can be explained in terms of:
  12. Under monopolistic competition, in long-run there is:
  13. In Edgeworth model, if price falls below competitive price, the demand is:
  14. In market sharing cartel model, cartel determines the shares of:
  15. The ordinary demand curve is also called:
  16. The short run cost curve is U shaped because of:
  17. If a ten percent increase in price causes a ten percent reduction in quantity demanded, elasticity of…
  18. Microeconomics is also known as:
  19. In collusive olligopoly, the firms may make:
  20. For a few products such as insulin for diabetics,:
  21. Law of Substitution in production was presented by:
  22. The concept of product differentiation was firstly introduced by:
  23. Iso-product curve (isoquant) shows:
  24. Which of the following is called Gossens first law?
  25. The coefficient of the price elasticity of demand is computed as the absolute value of the percentage…
  26. Robbins definition of economics was criticised by:
  27. In the case of a giffen good, the income effect:
  28. Change in quantity demanded (expansion and contraction of demand) is:
  29. Classical production function is:
  30. According to Cobb-Douglas, in production function the marginal product of labor is: