Home

The slope of marshallian demand curve is:

A. Upward

B. Vertical

C. Downward

D. Horizontal

Correct Answer : C.


Download Objective type questions of Basics of Economics PDF

Visit our PDF store

Get all objective type questions of Basics of Economics MCQ

Also checkout these categories

Structural Organization In Animals MCQ General Biology MCQ Transformation of Sentences MCQ Wave, Motion, and Sound MCQ Units, Dimensions and Errors MCQ Civil Engineering MCQ Solids, Liquides, Gases MCQ Man and Environment MCQ The Living World MCQ H.C.F and L.C.M MCQ Current Affairs June 2017 MCQ Miscellaneous MCQ

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

Submit
Load More..
You can do it
  1. Increasing return to scales can be explained in terms of:
  2. Under perfect competition, a firm will be in equilibrium if:
  3. Marginal cost is always:
  4. The demand curve of ostentation goods (Veblen goods) will be:
  5. In the long run:
  6. The main contribution of David Ricardo is in the field of:
  7. Total utility and price are:
  8. The demand of the luxuries is:
  9. Equilibrium of a firm represents maximization of profits as well as:
  10. The marshallian demand curve includes:
  11. The law of Diminishing Marginal Utility implies that the marginal utility of a good decreases as:
  12. If two households have identical preferences but different incomes then:
  13. Under the law of variable proportions, the average and the marginal product of the variable factor would…
  14. An effective price ceiling usually results in:
  15. The difference between the average total cost and average variable cost as output increases will:
  16. The general markets results from the imposition of price ceilings has been:
  17. Under competitive conditions, the industry will be in equilibrium:
  18. The imaginary differentiation is attributed to difference in:
  19. Which of the following theories of trade cycle was presented by William Jevons?
  20. In modern cost theory, AVC= b1 and MC= b1 in the range of:
  21. The supply curve would probably shift to the right if:
  22. Contracts made by firms in cooperative games are:
  23. The goods sold by firms under monopolistic competition are technological as well as:
  24. If the price of product increases and in the result the demand for product B also increases then:
  25. The budget line is described by each of the following except:
  26. The MC curve cuts the AVC and ATC curves:
  27. In cournot model, firms sell:
  28. The concept of industry in monopolistic competition has been replaced by:
  29. The optimal strategy for a player is termed as:
  30. A normal profit is: