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The demand curve in monopolistic competition (also in kinked demand curve model), which shows the share of a firm in market is called:

A. Relative demand curve

B. Proportional demand curve

C. Productive demand curve

D. Differential demand curve

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  1. Capital and Development Planning is the work of:
  2. If X and Y are close substitutes, a fall in price of X will lead to:
  3. A straight line, downward-sloping demand curve implies that, as price falls, the elasticity of demand:
  4. If two goods have same marginal utility for a consumer then:
  5. If the supply and demand increases equally, the price will:
  6. The costs faced by the firm against fixed factors are:
  7. If at the unchanged price, the demand for a commodity goes up, or the quantity demanded remains the…
  8. A market-clearing price:
  9. Market demand curve is:
  10. LMC represents change in LTC (long-run total cost) due to producing an additional unit of a good while…
  11. The firm is said to be in equilibrium when the difference between revenue and cost is:
  12. Airlines that try to lower fares in order to increase revenues believe that demand for airline services…
  13. In Prisoners Dillemma, the players are:
  14. If a good is an inferior good then an increase in incomes of the consumers will:
  15. Consumers are likely to get a variety of similar goods under:
  16. If there are many firms producing similar but differentiated products, the competition is generally…
  17. The Modern and Neo-Keynsian Theory of Interestwas presented by:
  18. MC curve is:
  19. Diseconomies of management lead to:
  20. In measuring price-elasticity:
  21. Slope of a demand curve is:
  22. Average cost means:
  23. The Law of Diminishing Marginal Returns can be explained in terms of:
  24. Supply curves are most elastic:
  25. The Hicksian demand curve includes:
  26. The competitive equilibrium leads to:
  27. Cross-elasticity of demand or cross-price elasticity between two perfect substitutes will be:
  28. Demand of a commodity is elastic when:
  29. The general markets results from the imposition of price ceilings has been:
  30. The Hicksian indirect utility function in the form of equation is: