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The goods sold by firms under monopolistic competition are technological as well as:

A. Economic complements

B. Economic substitutes

C. Economic inferiors

D. None of the above

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

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  1. According to Cobb-Douglas, in production function the marginal product of labor is:
  2. The real income of a consumer is income in terms of:
  3. Which of the following is assumed to be constant when a supply curve is drawn:
  4. General equilibrium is concerned with simultaneous equilibrium of:
  5. In long run competitive equilibrium:
  6. The long run average cost curve is:
  7. Plumbing and pipe-fitting require many of the same skills. If the wage paid to pipe-fitters increased…
  8. The isoquant which are generated by CES (constant elasticity of substitution) production function are…
  9. The nominal income of a consumer is income in terms of:
  10. In cournot model, at equuilibrium when MC = MR, the elasticity of demand is:
  11. When the level of optimal factor combination is over and more labor is employed with the fixed plant,…
  12. If the slope of the isoquant is equal to the slope of isocost, then isoquant is:
  13. The budget constraint equation of the firm is:
  14. The slope of isocost line (budget line) shows:
  15. If as a result of an increase in prices, total outlay (expenditures) on a commodity decreases, its price-elasticity…
  16. If the demand for good is less elastic and government levied a tax per unit of output, the price per…
  17. The concept of industry in monopolistic competition has been replaced by:
  18. Competitors in monopolistic competition have full control over:
  19. Who wrote Mathematical Analysis for Economists?
  20. Which of the following curves is a rectangular hyperbola?
  21. In Recardian theory of value, the stress has been made on:
  22. The relationship between price effect, income effect and substitution effect is:
  23. Repetition of a game (Repeated Game):
  24. Increasing return to scales can be explained in terms of:
  25. An indifference curve shows the bundles of two goods among which a consumer remains:
  26. Loanable funds theory of Interest was developed by:
  27. A budget line shows:
  28. In price leadership, like leader, the follower firm may:
  29. Nash Equilibrium is stable:
  30. If two goods are complements then indifference curve (IC) will be: