The proportionality rule in production requires that the ratios of MP and factor prices are:

A. Doubled

B. Equalized

C. Not equalized

D. None of the above

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

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  1. When a consumer reached at the point of saturation then marginal utility (MU) is:
  2. Extension (expansion) of demand means:
  3. The main contribution of David Ricardo is in the field of:
  4. The Chamberline model recognizes mutual:
  5. In monopolistic competition, because of difference in choices, the firm charges:
  6. Perfect competition implies:
  7. The external economies of scale experienced by a firm include the:
  8. Total variable costs in equation form are:
  9. MC curve is:
  10. If money income is given then consumer is in equilibrium when:
  11. The Purchasing Power Parity (PPP) Theory is presented by:
  12. The isoquant which are generated by CES (constant elasticity of substitution) production function are…
  13. To attain maximum profits during short-run a firm should produce the output that will:
  14. Consumers Surplus can also be defined as:
  15. Identify the work of T.W.Schultz:
  16. Nash equilibrium says:
  17. Who wrote A Contribution to the Theory of Trade Cycle?
  18. Abstinence or Waiting theory of Interest was presented by:
  19. When the demand curve is rectangular hyperbola, it represents:
  20. Under pure monopoly, there will be:
  21. The total utility (TU) curve is:
  22. Marginal cost is always:
  23. An indifference curve normally slopes downward from:
  24. The cobweb model will convergent when the slope of:
  25. The MRTS along an iso-quant goes on to:
  26. The marshallian indirect utility function in the form of equation is:
  27. Income distribution effects:
  28. Under perfect competition, the average revenue, marginal revenue and price are shown:
  29. By increasing the price of its products above those of its competitors, a perfectly competitive seller:
  30. A firm can never produce in the middle area of input space, in case of: