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Supply curves are most elastic:

A. In the long-run

B. In the short-run

C. For luxuries

D. In the immediate-run

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

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  1. In short run, a firm can change its:
  2. A country is advised to devalue (reduce external value of) its currency only when its exports face:
  3. Selling costs are incurred under monopolistic competition to:
  4. If the commodities X and Y are perfect substitutes then:
  5. The Hicksian demand curve includes:
  6. The number of firms in monopolistic competition normally range between:
  7. Loanable funds theory of Interest was developed by:
  8. To calculate the Economic Profit we must deduct which of the following cost from our total revenues?
  9. In the case of complements, the cross demand curve slopes:
  10. Identify the work of T.W.Schultz:
  11. Economic problems arise because:
  12. Under pure monopoly, there will be:
  13. In the short-run, in which one of the following situations would a competitive seller close down (shut-down)?
  14. If demand is elastic and supply is inelastic then the burden of a tax on the good will be:
  15. If two goods are complements then indifference curve (IC) will be:
  16. The elliptical isoquant represents the:
  17. If the demand curve is inelastic then:
  18. Variable cost includes the cost of:
  19. The behavior of MC curve is determined by the behavior of the:
  20. The isoquant which are generated by CES (constant elasticity of substitution) production function are…
  21. In Edgeworth model, price remains:
  22. Who formulated the Post-Keynsian Theory of Distribution and Growth?
  23. Normally when price per unit of time falls:
  24. Which of the following statement is wrong?
  25. The monopolist who is producing the same output from two (or more than two) plants is concerned with:
  26. A market demand schedule is obtained by adding individual demand schedules:
  27. An increase in the price of the good measured on the horizontal axis causes:
  28. By increasing the price of its products above those of its competitors, a perfectly competitive seller:
  29. In cournot model, at equuilibrium when MC = MR, the elasticity of demand is:
  30. The main contribution of Malthus is in the field of: