The Hicksian demand curve includes:
Substitution effect
Income effect
Both substitution and income effect
None of them
- Microeconomics is also known as:
- The demand of the necessities is:
- Because of selling costs, the demand curve of a firm shifts:
- Firms average and marginal revenues are equal under:
- A budget line shows:
- Which of the following theories of trade cycle was presented by William Jevons?
- If the commodity is inferior then Income Effect (I.E) is:
- The reaction curve of a firm is attained by joining the:
- The isoquant which are generated by CES (constant elasticity of substitution) production function are…
- Using total revenue and total cost, a profit maximizing firm will be equilibrium at a point:
- The real income of a consumer is income in terms of:
- In the long run:
- Scarcity means:
- If a monopolist is producing under decreasing cost conditions, increase in demand is beneficial to the…
- Each firm in cournot model assumes that its competitor will:
- The long-run AC curve is constructed from:
- Even in the long-run equilibrium, the pure monopolist can make abnormal profits because of:
- In Edgeworth model, if price falls below competitive price, the demand is:
- If a consumer buys a product that costs Rs.3 and provides an additional 18 units of satisfaction, then…
- Dumping is international discriminating:
- Who formulated the Post-Keynsian Theory of Distribution and Growth?
- With elasticity of demand, the:
- Who finalized the model of imperfect competition?
- The budget line is described by each of the following except:
- Microeconomics deals with the:
- A monopolist has control over the price he charges for his product. He will be able to maximize his…
- Demand is consumers:
- We get constant returns to scale when:
- The longer the period of time, the elasticity of supply will be:
- If a new production technology for producing compact discs is developed and new firms are attracted…