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The marginal revenues are derivatives of:

A. TR function

B. AR function

C. MR function

D. AP function

Correct Answer : A.


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  2. If by doubling all inputs in the long run output is less than double, it is a case of:
  3. The cost curves of the firm shift due to changes in:
  4. If the demand curve is inelastic then:
  5. Under conditions of perfect competition, price in the long-run is equal to:
  6. In the long-run competitive equilibrium, the theory predicts that:
  7. Theory of revealed preference is based on:
  8. The fixed cost of a firm:
  9. If a new production technology for producing compact discs is developed and new firms are attracted…
  10. The main contribution of Malthus is in the field of:
  11. In cournot model firms:
  12. Scarcity means:
  13. Nash Equilibrium is stable:
  14. The demand curve of a firm in monopolistic competition is:
  15. When was Adam Smiths major work An Enquiry into the Nature and Causes of Wealth of Nations published?
  16. By reducing the prices of its products below those of its competitors, a perfectly competitive seller:
  17. In monopolistic competition, the firm compete on the basis of:
  18. In dominant price leadership model, the small firms are like:
  19. Marginal utility equals:
  20. The good will highest income elasticity is:
  21. Price discrimination is possible:
  22. At the shut-down point in perfect competition:
  23. Who wrote A Contribution to the Theory of Trade Cycle?
  24. Implicit costs are the costs:
  25. When sales tax is imposed on monopolist, its:
  26. Consumer surplus is the difference between
  27. Airlines that try to lower fares in order to increase revenues believe that demand for airline services…
  28. Cross-elasticity of demand is measured as:
  29. According to Marshal, the Law of Diminishing Marginal Utility:
  30. The production techniques are technically efficient: