The optimal strategy for a player is termed as:

A. Recessive strategy

B. Dormant strategy

C. Dominant strategy

D. Hidden strategy

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

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  1. If the commodities X and Y are perfect complements then:
  2. Dumping is international discriminating:
  3. In the case of a normal goods, the income effect:
  4. The main contribution of Prof.Robbins is in the field of:
  5. The Hicksian indirect utility function in the form of equation is:
  6. Price effect occurs on the higher IC in case of:
  7. Which of the following is not characteristic of perfect competition?
  8. In the modern theory of costs, the level of production which the firm considers feasible is known as:
  9. J.R.Hicks was:
  10. A budget line shows:
  11. Slope of a demand curve is:
  12. If Cobb-Douglas production function is homogeneous of degree greater than one (n>1), then it shows:
  13. The partial equilibrium model keeps other things:
  14. If a good is an inferior good then an increase in incomes of the consumers will:
  15. Law of Diminishing Marginal Utility is practically untrue because:
  16. Price mechanism has also given the name:
  17. Most of the supply curves with which the average consumer deals are:
  18. The cost of one thing in terms of the alternative given up is known as:
  19. Contraction of demand means:
  20. When total revenues equal to total opportunity cost then the firm will earn:
  21. In monopoly, new firms:
  22. If a ten percent increase in price causes a ten percent reduction in quantity demanded, elasticity of…
  23. The monopolist often lead to exploitation of:
  24. In monopolistic competition, the real differentiation in products is due to difference in:
  25. The isoquant approach is:
  26. Which form of market structure is characterized by interdependence in decision-making as between the…
  27. Who developed the concept of Representative Firm?
  28. In context of oligopoly, the kinky demand curve (kinked demand curve) hypothesis is designed to explain:
  29. When total product increases at a decreasing rate:
  30. The main contribution of Prof. R.G.D.Allen is in the field of: