The Hicksian demand curve includes:

A. Substitution effect

B. Income effect

C. Both substitution and income effect

D. None of them

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  1. Microeconomics is also known as:
  2. The demand of the necessities is:
  3. Because of selling costs, the demand curve of a firm shifts:
  4. Firms average and marginal revenues are equal under:
  5. A budget line shows:
  6. Which of the following theories of trade cycle was presented by William Jevons?
  7. If the commodity is inferior then Income Effect (I.E) is:
  8. The reaction curve of a firm is attained by joining the:
  9. The isoquant which are generated by CES (constant elasticity of substitution) production function are…
  10. Using total revenue and total cost, a profit maximizing firm will be equilibrium at a point:
  11. The real income of a consumer is income in terms of:
  12. In the long run:
  13. Scarcity means:
  14. If a monopolist is producing under decreasing cost conditions, increase in demand is beneficial to the…
  15. Each firm in cournot model assumes that its competitor will:
  16. The long-run AC curve is constructed from:
  17. Even in the long-run equilibrium, the pure monopolist can make abnormal profits because of:
  18. In Edgeworth model, if price falls below competitive price, the demand is:
  19. If a consumer buys a product that costs Rs.3 and provides an additional 18 units of satisfaction, then…
  20. Dumping is international discriminating:
  21. Who formulated the Post-Keynsian Theory of Distribution and Growth?
  22. With elasticity of demand, the:
  23. Who finalized the model of imperfect competition?
  24. The budget line is described by each of the following except:
  25. Microeconomics deals with the:
  26. A monopolist has control over the price he charges for his product. He will be able to maximize his…
  27. Demand is consumers:
  28. We get constant returns to scale when:
  29. The longer the period of time, the elasticity of supply will be:
  30. If a new production technology for producing compact discs is developed and new firms are attracted…