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The production possibility curve (PPC) is concerned with:

A. Resources of the economy

B. Interests of the economy

C. Limitations of the economy

D. Qualities of the economy

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

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  1. The amount of income left over for a consumer in equilibrium is :
  2. Who is the author of the famous work Asian Drama: An Enquiry intro the Causes of Poverty of Nations?
  3. In case of monopoly:
  4. Equilibrium of a discriminating monopolist requires the fulfillment of which one of the following conditions?
  5. A country is advised to devalue (reduce external value of) its currency only when its exports face:
  6. In cournot model, firms sell:
  7. If the price of a product falls then quantity demanded tends to increase ceteris paribus because:
  8. Economics is a:
  9. If two goods are complements then indifference curve (IC) will be:
  10. The central problem of economics is:
  11. Neutral Technological Progress can be defined as:
  12. The least cost combination of factors x , y and z will generally be the point at which:
  13. When total revenue (TR) falls in monopoly then elasticity of demand is:
  14. In short run, a firm would remain in business as long as which one of the following of cost is covered?
  15. When the level of optimal factor combination is over and more labor is employed with the fixed plant,…
  16. In non-collusive oligopoly firms enter into:
  17. The Tit for Tat strategy means cooperation by the 2nd firm if:
  18. The cross-price elasticity of the demand for orange juice with respect to the price of apple juice is…
  19. In the range of excess capacity, the average costs are:
  20. The short run cost curve is U shaped because of:
  21. In long run competitive equilibrium:
  22. If the price of coffee increases, you would predict that:
  23. The greater the percentage of income spent on a commodity:
  24. When there is decrease in demand the demand curve:
  25. The ordinary demand curve is also called:
  26. In Recardian theory of value, the stress has been made on:
  27. A demand curve is not related to:
  28. A high value of cross-elasticity indicates that the two commodities are:
  29. Which industries spend a relatively large share of their revenue on research and development in order…
  30. In the perfect competition, there is a process of: