The Strategy of Economic Development is the work of:
S.Kuznets
H.Liebenstein
A.O.Hirshman
Alfred Marshal
- An exceptional demand curve is:
- The basic and essential economic problems in a community are related to choice and:
- To calculate the elasticity of demand, which of the following formula is used?:
- In the case of a normal goods, the income effect:
- Cross-elasticity of demand or cross-price elasticity between two perfect substitutes will be:
- The Cambridge School of Thought refers to the group of English economists who came under the influence…
- When the income of consumer increases then budget line will:
- Marshalls definition of economics was strongly criticised by:
- Price discrimination is possible:
- Chamberline introduces the concept of:
- The optimum level of output in long run takes place where:
- The study of economics just in theoretical way is called:
- Moving along an indifference curve leaves the consumer:
- In the case of two factor inputs which are neither perfectly complementary nor perfect substitutes,…
- Any straight line supply which cuts the x-axis will have:
- In measuring price-elasticity:
- The non-price competition cartel is a:
- Because of selling costs, the demand curve of a firm shifts:
- The consumer is in equilibrium at the where:
- If a straight line supply curve makes an intercept on the X-axis, the elasticity of supply is:
- For the equilibrium of the firm and the industry in the short period in a competitive market, the condition…
- The basic subject matter of economics is:
- Increasing returns is not caused by:
- When marginal costs curve cuts average costs curve, average costs are:
- 7.The costs which the firms have to face in order to change the price tags of their products and services…
- If Cobb-Douglas production function is homogeneous of degree greater than one (n>1), then it shows:
- If the commodities X and Y are perfect substitutes then:
- Total fixed costs are:
- Marginal cost is always:
- Returns to scale is a: