Developed economy
Laissez-fair economy
Mixed economy
Capitalistic economy
C. Mixed economy
Monopoly
Perfect competition
Monopolistic competition
Oligopoly
Moves (shifts) towards the axis
Moves (shifts) away from the axis
Remains unchanged
All of the above
Recessive strategy
Dormant strategy
Dominant strategy
Hidden strategy
Made by agency
Not made by agency
Made by people
None of the above
Led the Russian Revolution
Provided the theoretical basis for socialism(communism)
Developed his theory in response to the Great Depression of the 1930s
None of the above
Infinite
Zero
Equal to one
None of the
Consumers prefer to have less satisfaction than more of both commodities
As more and more of one commodity is obtained, less and less of the other must be given up to keep satisfaction constant
The total satisfaction obtained along an indifference curve decreases at an increasing rate
None of the above
Price falls
Price increases
Price is unchanged
Taste changed
Cournot model
Edgeworth model
Chamberline model
Sweezy model
Exact science
Inexact science
Pure science
All of the above
A zero economic profit
Revenues less explicit cost
About 10% for most industries
A zero accounting profit
Infinitely elastic demand
Infinitely inelastic demand
Relatively elastic demand
Relatively inelastic demand
A.C.Pigou
Alfred Marshal
J.M.Keynes
D.H.Robertson
Normal profits
Abnormal profits
Differential profits
No profits
Increases
Decreases
Remains constant
Becomes zero
>
None of the above
1910
1945
1900
1940
Derived demand
Joint demand
Demand creation
Compressed demand
Consumer tastes
Prices of inputs
Technology
Number of sellers
Balance stat
Equilibrium
Disequilibrium
Authenticated form
Not relevant to elasticity
The only factor determining elasticity
Only one of the factors influencing elasticity
None of the above
fixation of price
Arc elasticity of demand
Cross elasticity of demand
Wage theory
Slopes downward
Slopes upward
Becomes horizontal
Becomes vertical
Increases
Decreases
Remains the same
Is zero
Appear
Diminish
Prominent
Increase
Lowering the price, if the demand curve is elastic
Lowering the price, if the demand curve is inelastic
Rising the price, if the demand curve is elastic
None of the above is applicable
No risks
Risks
Safety
None of the above
The law of diminishing marginal utility
The law of demand
The Law of Diminishing Returns
The law of supply
Wants are unlimited
Resources are scarce
Scarce resources have alternative uses
All of the above
MRS
MRT
MRTS
MRPS