The difference between average total cost and average fixed cost shows:
Normal profits
Implicit costs
Variable costs
Opportunity costs
- A demand schedule is shown as:
- Most of the supply curves with which the average consumer deals are:
- The number of firms in monopolistic competition normally range between:
- The demand curve of giffen goods will be:
- A monopolist has control over the price he charges for his product. He will be able to maximize his…
- A monopolist:
- In Bertrand model, the entry of new firms is:
- The slope of marshallian demand curve is:
- The ordinary demand curve is also called:
- Which of the following is not a U shaped curve:
- Marginal cost curve cuts the average cost curve:
- If a consumer buys a product that costs Rs.3 and provides an additional 18 units of satisfaction, then…
- In the range of excess capacity, the average costs are:
- In Nash equilibrium, a player:
- The effects according to which people use those goods which are concerned with distinctive standard…
- The income effect means that consumer purchase more when:
- In short run:
- If the price of a product falls which of the following would occur?
- Under monopolistic competition, the products sold by the firms are:
- A maximin strategy:
- The price under perfect competition is settled by:
- In perfectly competitive markets, the profit maximization rule can be represented by:
- A demand curve is not related to:
- The goods sold by firms under monopolistic competition are technological as well as:
- Variable cost includes the cost of:
- Traditionally, the study of determination of price is called:
- In cournot model, firms make decisions separately regarding:
- The situation of single buyer and single seller is called:
- Regarding economic decisions, economics of uncertainty identifies:
- Gold is bought and sold in a: