The cost curves of the firm shift due to changes in:

A. Input prices

B. Technological innovations

C. Both of them

D. None of them

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

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  1. By saying that monopolist create a contrived scarcity, economist mean that monopolist:
  2. Cross-elasticity of demand is measured as:
  3. The slope of budget line shows the price ratios of:
  4. The main contribution of David Ricardo is in the field of:
  5. Economics define technology as:
  6. The isoquant which are generated by CES (constant elasticity of substitution) production function are…
  7. The Input-Output Analysis was originated by:
  8. A normal profit is:
  9. If the commodities X and Y are perfect substitutes then:
  10. When at a given price, the quantity demanded of a commodity is more than the quantity supplied, there…
  11. If there are many firms producing similar but differentiated products, the competition is generally…
  12. A market demand curve presumes that:
  13. The Prisoners Dilemma was presented by A.W.Tucker in:
  14. The water diamond paradox was firstly resolved with the help of:
  15. If, at the prevailing price, more of a good is desired than is available for sale:
  16. Efficient allocation of resources is likely to be achieved under:
  17. A firm in a position of equilibrium is supposed to be maximizing:
  18. A monopolist has control over the price he charges for his product. He will be able to maximize his…
  19. Decrease in demand results in:
  20. Isocost line shows the combinations of labor and capital where a firms budget is:
  21. Under the law of variable proportions, the average and the marginal product of the variable factor would…
  22. A shift in the demand for a product is likely to result from a change in:
  23. Returns to scale is a:
  24. The average product is given as:
  25. The costs faced by the firm against variable factors are:
  26. The number of firms in monopolistic competition normally range between:
  27. When sales tax is imposed on monopolist, its:
  28. The fundamental choices that a society must make about the use of its resources include:
  29. The modern cost curves are based upon the idea of:
  30. By scarcity the economist means that all goods are scarce relative the peoples: