Stagnant
Mobile
Immobile
Rare
B. Mobile
Equal level of output
Unequal level of outputs
Equal level of inputs
Unequal level of inputs
Output is effected
Equilibrium is effected
Input is effected
Reputation is effected
Shifts away from the commodity the price of which has fallen
Shifts in favour of a commodity the price of which has risen
Shifts away from a commodity the price of which has risen, in favour of a commodity the price of which has fallen
None of the above
The price falls and the demand also falls down
The price increases but demand falls down
The price increases the demand remains constant and when the price remains constant the demand goes up
The price remains constant but demand falls
Variety of uses for that commodity
Its low price
Close substitutes for that commodity
High proportion of the consumers income spent on it
Supply
Demand
Production
Consumption
Wage of self-employed proprietor
Depreciation on machinery
Returns on owned capital
Cost of raw materials
The incomes of consumers
The price of the good
What other commodities households could substitute for the good
Consumers expectations of the future
When he cannot produce at an economic profit
When price falls short of average variable cost at every level of output
When price falls short of average fixed cost at every level of output
When price falls short of average total cost at every level of output
Is a disequilibrium price
Is an equilibrium price
Means a shortage exists as a market is cleared
Must be set by the government
Become equal
Decrease
Become constant
Increase
That each firm can influence the price
No single firm can influence the price
Any single firm can influence the supply condition in the market
Any single firm can influence both supply and price in the market
Can not influence the market
Can influence the market
Is a price taker
None of the above
Style
Consumer
Cost
Material
Agriculture
All fields of production
Industry
Services
Total production
Fixed production
Variable production
None of the above
Free good
Economic good
Both of the above
None of the above
Cost to input
Wages to profits
Cost to output
Inputs to output
MR=ATC
P=ATC
P=MC
P=AC
Wicksell
Robert San
Ruskin
J.B.Say
Utility effect
Budget line effect
Substitution effect
Income effect
degree one
degree zero
degree less than one
degree greater than one
Excess demand
Qd > Qs
Shortage of supply
All of the above
With using indifference curves
With using MRS
Without using indifference curve
None of the above
Average cost
Marginal cost
Fixed cost
Variable cost
All of the consumer surplus
All of the producer surplus
Some part of the consumer surplus
None of them
Negative
Positive
Infinite
Zero
Functional relationships
Family relationships
Economic position
Stagnant relationships
Indifferent
Different
In equilibrium
Dominant
Many goods
Few goods
Two goods
Three goods