The necessary condition of firms equilibrium requires:

A. dR/dQ + dC/dQ = 0

B. dR/dQ - dC/dQ = 0

C. dC/dQ - dR/dQ = 0

D. dR/dQ > dC/dQ > 0

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  2. Price elasticity of demand is best defines as:
  3. Perfect competition assumes:
  4. If two goods have same marginal utility for a consumer then:
  5. The firm is said to be in equilibrium when the difference between revenue and cost is:
  6. The general markets results from the imposition of price ceilings has been:
  7. In general, most of the production functions measure:
  8. The long-run AC curve is constructed from:
  9. A maximin strategy:
  10. The alternative of profit maximization theory is:
  11. The income consumption curve (ICC) is the locus of points of consumer equilibrium resulting:
  12. Most of the supply curves with which the average consumer deals are:
  13. A high value of cross-elasticity indicates that the two commodities are:
  14. Who wrote A Contribution to the Theory of Trade Cycle?
  15. The relationship between MC and MP shown by the marginal cost concept is:
  16. The main contribution of Prof.Robbins is in the field of:
  17. With firms having cost differences under perfect competition, a firm, which earns normal profit in the…
  18. Which of the following is assumed to be constant when drawing a demand curve?
  19. The isoquant approach is based upon:
  20. Which describes a competitive market?
  21. An individual consumers demand is not determined by:
  22. Indifference curves are downward sloping and are drawn bowed toward the origin (convex to the origin)…
  23. Price discrimination occurs when:
  24. If as a result of a decrease in price, total outlay (expenditures) on a commodity increases, its price-elasticity…
  25. Marginal Utility (MU) curve is always:
  26. Who formulated the Post-Keynsian Theory of Distribution and Growth?
  27. In monopoly, new firms:
  28. When a consumer is in equilibrium then slope of indifference curve is:
  29. The long run average cost curve is:
  30. The monopolist often lead to exploitation of: