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To get more revenue, a Finance Minister impose tax on that commodity which has:

A. Inelastic demand

B. Elastic demand

C. Unit elasticity

D. Zero elasticity

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

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  1. Under monopolistic competition, the firms compete alongwith:
  2. Change in quantity demanded (expansion and contraction of demand) is:
  3. J.R.Hicks was:
  4. If the commodity is normal then the Income Effect (I.E) and the Substitution Effect (S.E):
  5. Change in quantity demanded refers to:
  6. The act of producing the output from more than one plant is concerned with:
  7. If, at the prevailing price, more of a good is desired than is available for sale:
  8. The equilibrium level of output for the pure monopolist is where:
  9. Which of the following conditions is met in the long-run equilibrium in monopolistic competition, where…
  10. The right of individuals to control productive resources is known as:
  11. Who is the author of Trade Cycle ?
  12. According to translog production function, elasticity of substitution is:
  13. According to M.Kalecki, the true measure of the degree of monopoly power is the:
  14. The slutsky demand curve includes:
  15. If both demand and supply were to increase then:
  16. When the law of demand operates the demand curve:
  17. The budget-line is also known as the:
  18. Karl Marx:
  19. When the level of optimal factor combination is over and more labor is employed with the fixed plant,…
  20. Classical production function is:
  21. Marginal revenue from a given output:
  22. If the price of product increases and in the result the demand for product B also increases then:
  23. Moving along the indifference curve leaves the consumer:
  24. Technological efficiency:
  25. Decrease in demand results in:
  26. Which of the following formula determine the income elasticity of demand?:
  27. MC = MR = AC = AR shows the long run equilibrium position of the:
  28. All of the following curves are U-Shaped except:
  29. Which of the following models are associated with non-collusive oligopoly?
  30. In monopolistic competition, the firms follow: