Price of x = Price of z Price of y Price of x
MP of x = MP of y Price of x Price of x
MP of x = MP of y = MP of z Price of x Price of y Price of z
MP of x = MP of y = MP of z
C. MP of x = MP of y = MP of z Price of x Price of y Price of z
Fixed cost per unit
Variable cost per unit
Total cost per unit
Marginal cost
Marginal cost curves
Average cost curves
Total cost curves
None of the above
R.G.Lipsey
Paul.A.Samuelson
E.D.Domar
J.M.Keynes
Price and output determination
Price rigidity (price stickness)
Price leadership
Collusion among rivals
Negative
Positive
Zero
Infinite
Product similarity
Product differentiations
Product inferiority
None of the above
the individuals
industry
firms
associations
The different combinations of X and Y in any way the consumer wants
The different combinations of X and Y higher and lower and measuring the difference of utility between them
The different combinations of X and Y higher and lower and not measuring the difference of utility between them
None of above
Downwards to the right
Upwards to the right
Backwards to the top
Inwards at the bottom
Input factor
Heavy factor
Output factor
Load factor
Equal to unity
Less than unity
More than unity
Zero
1/2 of the total market demand
1/4 of the total market demand
1/3 of the total market demand
None of the above
What you do
What you are doing
What you not do
None of them
Bellow the lower ridge line
Above the upper ridge line
Between the two ridge lines
On the upper ridge line
Budget line and indifference curve intersect each other
Budget line and indifference curve are tangent to each other
Budget line and indifference curve are opposite to each other
Budget line and indifference curve are parallel to each other
Different
Same
Zero
None of the above
Money and exchange
Quantity and production
Production and consumption
Money and quantity
Concave to X-axis
Convex to X-axis
Concave to Y-axis
Convex to Y-axis
Change in its price causes a proportionately greater change in its quantity demanded
Change in its price does not change its quantity demanded
Change in consumers income causes change in demand
None of the above
Alfred Marshal
J.M.Keynes
Paul A.Samuelson
A.C.Pigou
Charge the same price in both markets
Always charge a higher price in the market where he sells more
Always charge a higher price in the market where he sells less
Adjust his sales in the two markets so that his marginal revenue in each market just equals his aggregate marginal cost
Tangent to the lowest isoquant
Tangent to the given isoquant
Above the given isoquant
Below the given isoquant
Can sell more
Reduces its revenues
Can sell nothing
Increases its revenues
Reduces its revenues
Increases its revenues
Can sell nothing
None of the above
Be similar
Not be similar
Equal
None of the above
Both move together and reinforce each other
One moves and the other remains constant
Move in the opposite direction and neutralize each other
Both remain constant
Social ownership of the means of production
Freedom of enterprise
Use of centralized planning
Government decisions
Gunner Myrdal
A.C.Pigou
J.M.Keynes
J.R.Hicks
Decreases
Increases
Become very high
Remain unchanged
Only under socialism(communism)
Only under capitalism
Under both (a) and (b)
None of the above