Q = a- bP
Y = a- bP
Q = a+ bP
A. Q = a- bP
J.M.Keynes
N.Kaldor
C.P.Kindleberger
Irving Fisher
Technical relationship between inputs and output
Profitability production
Relation between MR and MC
Relation between AR and AC
Economic profit
Rent
Accounting profit
Normal profit
The substitution effect is more certain
The income effect is more certain
The substitution effect is uncertain
The income effect is always positive
From different groups of consumers
For different uses
At different places
Any of the above
Proportional demand curve (PDC) and individual demand curve (IDC) intersect each other
Proportional demand curve (PDC) and individual demand curve (IDC) are parallel to each other
Proportional demand curve (PDC) and individual demand curve (IDC) repel each other
None of the above
Income-expenditure relationship
Income-cost relationship
Income-price relationship
Income-quantity relationship
Starts incurring losses
Uses more and more of one input while holding all other inputs constant
Does not utilize its inputs efficiently
Cuts down on the quantity of all inputs it uses
Stagnant
Mobile
Immobile
Rare
A.C.Pigou
Alfred Marshal
J.M.Keynes
D.H.Robertson
Imperfect substitutes
Perfect substitutes
Complements
None of the above
Maximum
Minimum
Zero
One
Excess demand
Qd > Qs
Shortage of supply
All of the above
Real cost and money cost
Variable cost and fixed cost
Average cost and average revenue
Marginal cost and average cost
Slutsky approach
Hicksian approach
Marshallian approach
None of the above
Choices
Preferences
Both a and b
None of the above
Only under monopoly situation
Under any market form
Only under monopolistic competition
Only under perfect competition
Upward sloping
Downward sloping
Constant in slope
None of the above
A less than proportionate change in quantity demanded
A more than proportionate change in quantity demanded
The same proportionate change in quantity demanded
No change in quantity demanded
Consumers
Employees
People
Labor
Cup-shaped
Oval-shaped
Saucer-shaped
Glass-shaped
Different
Similar
Opposite
None of the above
L-shaped
U-shaped
V-shaped
Both a and b depending on situation
Collusive oligopoly
Non-collusive oligopoly
Cartel
Perfect competition
P = AVC
TR =TVC
The total losses of the firm equal TFC
All of the above
Marginal cost
Production cost
Labor cost
Supply cost
Average cost
Marginal cost
Fixed cost
Variable cost
The products price
Expectations
The prices of factors of production used to produced it
Production technology
Firm to the left
Industry to the right
Firm to the right
Industry to the left
Income level
Satisfaction level
Marginal rate of substitution
Demand level