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The utility function u = f(x) is based upon :

A. Two goods

B. Few goods

C. One good

D. Zero goods

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

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  1. If the commodity is inferior then the Income Effect (I.E) and the Substitution Effect (S.E):
  2. According to Leontief technology, there:
  3. The Law of Equi-Marginal Utility refers to:
  4. In a socialist (communist) economy the invisible hand:
  5. Rotten eggs are:
  6. If the commodity is normal then the Income Effect (I.E) and the Substitution Effect (S.E):
  7. The Chamberline model recognizes mutual:
  8. If the demand curve is vertical then its slope is:
  9. A loss bearing firm will continue to produce in the short run so long as the price at least covers:
  10. Which of the following is called Gossens first law?
  11. The vertical distance between TVC and TC is equal to:
  12. Dumping is international discriminating:
  13. Who finalized the model of imperfect competition?
  14. The cost of firms in cournot model are:
  15. If in the long run, output increases in the same proportion as increase in all the input in the given…
  16. The general form of Cobb-Douglas production function is:
  17. In case of budget line, we get pairs of two goods where consumers income is:
  18. Most of the supply curves with which the average consumer deals are:
  19. In real life, brand loyalty is a barrier to:
  20. For a commodity giving large consumers surplus, the demand will be:
  21. If the commodity is inferior then the increase in income of the consumer results in:
  22. In the case of a giffen good, the income effect:
  23. A budget line shows:
  24. The total revenue curve for monopolist is the shape of:
  25. Under monopolistic competition, the firms compete alongwith:
  26. Nash equilibrium says:
  27. The game theory concentrates on:
  28. Nash equilibrium is applicable in case of:
  29. In joint-profit maximization cartel, central agency sets the:
  30. If the increase in demand is more than the increase in supply, the price will: