The main contribution of Adam Smith is in the field of:

A. Economics of state

B. Wealth of Nations

C. Value and price

D. Theory of demand

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

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  1. If by doubling all inputs in the long run output is less than double, it is a case of:
  2. Income effect operates through an increase
  3. Law of Substitution in production was presented by:
  4. The production function of homogeneous of degree one (n=1) is also called:
  5. The cost that a firm incurs in purchasing or hiring any factor of production is referred to as:
  6. Under Bandwagon effects, people use those goods which are used by their:
  7. An exceptional demand curve is:
  8. If a consumer buys a product that costs Rs.3 and provides an additional 18 units of satisfaction, then…
  9. Inputs or Factors of production are defined as:
  10. The demand curve slopes downwards due to:
  11. The modern cost curves are based upon the idea of:
  12. The goods sold by firms under monopolistic competition are technological as well as:
  13. The economic problem of determining the combination of inputs yielding lowest cost for producing a given…
  14. According to critics, the assumption of costless production is:
  15. The cost of one thing in terms of the alternative given up is known as:
  16. Microeconomics deals with the:
  17. The cost of firms in cournot model are:
  18. At the shut-down point in perfect competition:
  19. In the case of a giffen good, the income effect:
  20. Regarding economic decisions, economics of uncertainty identifies:
  21. Given a U shaped average cost curve, the relationship between average cost and marginal cost is such…
  22. In which case the elasticity shown by the different points of a curve is the same?
  23. Under monopolistic competition, in long-run there is:
  24. In market sharing cartel model, cartel determines the shares of:
  25. In real life firms:
  26. The kinked demand curve comes into being where:
  27. Implicit costs are the costs:
  28. A maximin strategy:
  29. The game theory is concerned with:
  30. Which of the following is the work of A.C.Pigou?