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The expansion point is attained by joining:

A. Similar optimal combinations

B. Different optimal combinations

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. Marshallian approach is also known as:
  2. Production function relates:
  3. The expansion point is attained by joining:
  4. In case of monopoly, when total revenue is maximum:
  5. Marginal utility is only meant for:
  6. Technological Progress (Invention) can be defined as:
  7. A monopolist is able to maximize his profit when:
  8. When the consumer is in equilibrium not only his income is fully spent, but the ratio of marginal utility…
  9. If two goods have same marginal utility for a consumer then:
  10. Each firm in cournot model assumes that its competitor will:
  11. The demand curve in monopolistic competition (also in kinked demand curve model), which shows the share…
  12. Rotten eggs are:
  13. Perfect competition assumes:
  14. Identify the factor, which generally keeps the price elasticity of demand for a commodity low:
  15. The demand of the necessities is:
  16. Labor theory was firstly rejected by:
  17. The average cost curve is a geometrical illustration of:
  18. Least cost combination of two factor inputs is achieved at a point where:
  19. Elasticity (E) expressed by the term, 8 >E>1, is:
  20. On the total utility curve the economically relevant range is the portion over which:
  21. With the change in the factor prices, the slope of the expansion path will:
  22. A monopoly producer usually earns:
  23. The proportionality rule in production requires that the ratios of MP and factor prices are:
  24. The Substitution Effect (S.E) is always:
  25. The production process is:
  26. In second degree price discrimination, monopolist takes away :
  27. The production possibility curve (PPC) is concerned with:
  28. All of the following are capital resources except:
  29. If X and Y are close substitutes, a rise in the price of X will lead to:
  30. According to Smith, by value we mean the value with respect to use, and the price we mean the value…