The average product is given as:
Q.L
Q- L
Q+ L
Q/L
- We can write ordinal utility function as:
- Which is the other name that is given to the average revenue curve?
- If demand is elastic and supply is inelastic then the burden of a tax on the good will be:
- In monopoly and perfect competition, TC curves are:
- Total variable costs in equation form are:
- With firms having cost differences under perfect competition, a firm, which earns normal profit in the…
- If the demand curve is inelastic then:
- In the long-run:
- In measuring price-elasticity:
- The budget line is described by each of the following except:
- In sweezy model (kinked demand curve model), the role of MC curve:
- The Prisoners Dilemma was presented by A.W.Tucker in:
- Using total revenue and total cost, a profit maximizing firm will be equilibrium at a point:
- The firm producing at the minimum point of the AC curve is said to be:
- The indifference curve technique:
- In short-run, in monopolistic competition, a firm earns:
- We get constant returns to scale when:
- If as a result of a decrease in price, total outlay (expenditures) on a commodity increases, its price-elasticity…
- Which is the correct statement?
- Which of the following models are associated with non-collusive oligopoly?
- According to Chamberline, in monopolistic competition, differentiation is determined by:
- The water diamond paradox was firstly resolved with the help of:
- At the point where a straight line demand curve meets the quantity axis (x-axis), elasticity of demand…
- The long run total cost is attained by:
- A firm considering what type of new plant to build is involved in a:
- Classical production function is:
- In monopolistic competition, the firm take advantage due to customers:
- If the commodity is normal then Income Effect (I.E) is:
- All money costs can be regarded as:
- By increasing the price of its products above those of its competitors, a perfectly competitive seller: