The water diamond paradox was firstly resolved with the help of:

A. Labor theory of value

B. Individual theory of value

C. Producer theory of value

D. Consumer theory of value

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

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  1. The average fixed cost (AFC) curve is asymptote to:
  2. If the consumers expect that the price of computers will decrease in next year then:
  3. The elliptical isoquant represents the:
  4. The difference between the average total cost and average variable cost as output increases will:
  5. The firm is said to be in equilibrium when the difference between revenue and cost is:
  6. Along an isoquant, output remains same, and capital labor ratio:
  7. Identify the factor, which generally keeps the price elasticity of demand for a commodity low:
  8. In case of monopoly:
  9. The giffen paradox is an exception to law of:
  10. In monopolistic competition, the firms have to face:
  11. Used cars are sold in:
  12. The optimal strategy for a player is termed as:
  13. In sweezy model (kinked demand curve model), the overall increase in costs of production:
  14. If both demand and supply were to increase then:
  15. By increasing the price of its products above those of its competitors, a perfectly competitive seller:
  16. For a commodity giving large consumers surplus, the demand will be:
  17. When marginal costs curve cuts average costs curve, average costs are:
  18. Robbins definition of economics was criticised by:
  19. A market demand schedule is obtained by adding individual demand schedules:
  20. If Cobb-Douglas production function is homogeneous of degree greater than one (n>1), then it shows:
  21. A decrease in demand lowers the price the most:
  22. The income effect means that consumer purchase more when:
  23. The critics of Sweezy model say that kink generates:
  24. Who wrote Economics of Imperfect Competition?
  25. In economic term water is a:
  26. Suppose income increases by 10% and demand for commodity increases by 5% then the income elasticity…
  27. We get constant returns to scale when:
  28. The relationship between MC and MP shown by the marginal cost concept is:
  29. The word ECONOMICS is derived from the Greek terms meanings:
  30. The ordinary demand curve is also called: