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The Input-Output Analysis was originated by:

A. W.W. Leontief

B. E.D.Domar

C. R.G.D.Allen

D. J.M.Keynes

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  1. The arc elasticity is the measure of average elasticity at the mid-point of the chord and connects:
  2. If, at the prevailing price, more of a good is desired than is available for sale:
  3. When marginal costs curve cuts average costs curve, average costs are:
  4. A monopolist has control over the price he charges for his product. He will be able to maximize his…
  5. The cross-price elasticity of the demand for orange juice with respect to the price of apple juice is…
  6. The vertical demand curve for a commodity shows that its demand is:
  7. All money costs can be regarded as:
  8. Variable costs refer to:
  9. Change in quantity demanded refers to:
  10. In real life, brand loyalty is a barrier to:
  11. Identify the work of T.W.Schultz:
  12. With the decrease in marginal valuation of a specific commodity, the price offered by the people:
  13. The coefficient of the price elasticity of demand is computed as the absolute value of the percentage…
  14. In case of straight-line isoquant, the factors are not substituted because they are each others:
  15. In substitution effect and income effect:
  16. In dominant price leadership model, the dominant firm set the:
  17. In a socialist (communist) economy the invisible hand:
  18. Implicit costs are the costs:
  19. If regardless of changes in its price, the quantity demanded of a commodity remains unchanged, then…
  20. In case of monopoly:
  21. When a competitive firm is in equilibrium in the long-run, its output is such that:
  22. Income -elasticity of demand will be zero when a given change in income brings about:
  23. A producer attains the least cost combination when the relation between Marginal Rate of Technical Substitution…
  24. Law of Substitution in production was presented by:
  25. If the commodity is inferior then the Income Effect (I.E) and the Substitution Effect (S.E):
  26. The Law of Diminishing Marginal Returns can be explained in terms of:
  27. Cross-elasticity of demand is measured as:
  28. MRSxy measures:
  29. The competitive equilibrium leads to:
  30. For a few products such as insulin for diabetics,: