The Lambda or Langrange Multiplier is a:

A. Analyst

B. Catalyst

C. Pessimist

D. Optimist

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

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  1. The Hicksian indirect utility function in the form of equation is:
  2. A good tends to have relatively inelastic demand, if:
  3. Opportunity costs are also known as:
  4. A typical demand curve cannot be:
  5. Robbins definition of economics was criticised by:
  6. Demand is elastic when the coefficient of elasticity is:
  7. Increasing return to scales can be explained in terms of:
  8. When the level of optimal factor combination is over and more labor is employed with the fixed plant,…
  9. In cournot model, at equuilibrium when MC = MR, the elasticity of demand is:
  10. The vertical demand curve for a commodity shows that its demand is:
  11. Under competitive conditions, the industry will be in equilibrium:
  12. When the slope of a demand curve is zero (also known as vertical demand curve) then elasticity will…
  13. MC = MR = AC = AR shows the long run equilibrium position of the:
  14. If the commodity is inferior then the Income Effect (I.E) and the Substitution Effect (S.E):
  15. In monopolistic competition, because of difference in choices, the firm charges:
  16. One common definition of a luxury good is a good with income elasticity:
  17. Regarding economic decisions, economics of uncertainty identifies:
  18. The imaginary differentiation is attributed to difference in:
  19. In the case of an inferior good, the income effect:
  20. In monopolistic competition, the firms follow:
  21. The standard form of demand function is:
  22. Chamberline introduces the concept of:
  23. If the marginal utility is divided by the price of the commodity then it is called:
  24. From analysis, it is clear that both Marshal and Walras market models are:
  25. Labor Saving Technological Progress can be defined as:
  26. A monopolist is able to maximize his profit when:
  27. Which one of the following has been the most influential work of F.H.Knight?
  28. The advertisement and other selling activities:
  29. The water diamond paradox was firstly resolved with the help of:
  30. In a perfectly competitive market, suppliers must know: