The shape of the TC curve is:

A. U

B. V

C. P

D. S(inverted)

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

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  1. Whenever a group of monopolistic competitors attains equilibrium, the firms in this group usually:
  2. In perfect cartel, the:
  3. In the case of a giffen good, the income effect:
  4. If the commodity is inferior then Income Effect (I.E) is:
  5. When at a given price, the quantity supplied of a commodity is more than the quantity demanded, there…
  6. Cross-elasticity of demand or cross-price elasticity between two independent goods will be:
  7. The combination of labor and capital where the cost of a given output is minimized is known as:
  8. Nash equilibrium is applicable in case of:
  9. The name of the system of direct exchange is:
  10. According to Cobb-Douglas, in production function the marginal product of labor is:
  11. There is no difference between fixed and variable factors in the:
  12. J.R.Hicks was:
  13. The minimization of costs subject to output requires equilibrium at the lowest:
  14. The longer the period of time, the elasticity of supply will be:
  15. Perfect competition assumes:
  16. Elasticity of Substitution (s) is defined as:
  17. Duopoly is a market where there are:
  18. If at the unchanged price, the demand for a commodity goes up, or the quantity demanded remains the…
  19. Who first used the term Quasi-Rent?
  20. When AC curve falls, MC curve falls:
  21. In a perfectly competitive market, suppliers must know:
  22. Under perfect competition, a firm will be in equilibrium if:
  23. The economic problem of determining the combination of inputs yielding lowest cost for producing a given…
  24. An economic theory is :
  25. The firm producing at the minimum point of the AC curve is said to be:
  26. Marginal utility means:
  27. The partial equilibrium model keeps other things:
  28. In the range of excess capacity, the average costs are:
  29. Any straight line supply which cuts the x-axis will have:
  30. Ordinal approach includes arranging: