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The isoquant approach is:

A. Classical approach

B. Keynesian approach

C. Neo-classical approach

D. Modern approach

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  1. Price discrimination is undertaken with the aim of:
  2. When sales tax is imposed on monopolist, its:
  3. The main contribution of Malthus is in the field of:
  4. Decrease in demand results in:
  5. The cournot model is a model of:
  6. If we measure the elasticity of demand with the help of the average and marginal revenue, the formula…
  7. In monopolistic competition, the firms follow:
  8. The Input-Output Analysis was originated by:
  9. In the immediate run:
  10. In Revealed Preference Theory, Samuelson proves P.E = S.E + I.E :
  11. The firm is at equilibrium where:
  12. The monopolist often lead to exploitation of:
  13. Demand is consumers:
  14. Who first formulated the Marginal Productivity Theory of Distribution?
  15. A firm enjoys maximum control over the price of its product under:
  16. The demand for cigarettes is price inelastic implying a unit tax on this commodity will
  17. Economic laws are:
  18. Total Utility (TU) curve:
  19. Utility is a function of:
  20. Quantity demanded or supplied is measured in:
  21. In the case of an inferior commodity, the income-elasticity of demand is:
  22. For the equilibrium of the firm and the industry in the short period in a competitive market, the condition…
  23. Marginal utility (MU) always:
  24. Under conditions of perfect competition, price in the long-run is equal to:
  25. Traditionally, the study of determination of price is called:
  26. In case of monopoly:
  27. In 1776, a famous book An enquiry into the nature and causes of the wealth of nation was written by:
  28. Average cost curve contains in it:
  29. The production function can convey to a firm:
  30. If, at the prevailing price, more of a good is desired than is available for sale: