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Utility is a function of:

A. Price

B. Quantity

C. Supply

D. Demand

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  1. If the demand for good is less elastic and government levied a tax per unit of output, the price per…
  2. Supply curves are most elastic:
  3. The alternative of profit maximization theory is:
  4. In constant sum game (zero sum game), if there are two parties then:
  5. Under monopolistic competition, the firms compete alongwith:
  6. In Nash equilibrium, a player:
  7. According to marginalistic rule, the profit maximization hypothesis requires:
  8. The Modern and Neo-Keynsian Theory of Interestwas presented by:
  9. In cournot model, firms face:
  10. At a point above the middle of a straight line demand curve, elasticity of demand is:
  11. The least cost combination of factors x , y and z will generally be the point at which:
  12. In finding equilibrium position of a profitmaximizing firm, which technique is most convenient?
  13. In case of complementary factors, the isoquants are:
  14. In the case of a normal goods, the income effect:
  15. Implicit costs are the costs:
  16. Which of the following models are associated with non-collusive oligopoly?
  17. Which of the following is an implicit cost of production?
  18. A monopolist:
  19. In dominant price leadership model, the dominant firm set the:
  20. When the demand curve is rectangular hyperbola, it represents:
  21. Two policy variables, product and selling activities in the theory of firm was introduced by:
  22. Who wrote Economics of Imperfect Competition?
  23. In joint-profit maximization cartel, central agency sets the:
  24. Which form of market structure is characterized by interdependence in decision-making as between the…
  25. Which of the following pairs of commodities is an example of substitutes?
  26. Who wrote An Introduction to Positive Economics?
  27. An indifference curve normally slopes downward from:
  28. The shape of the TC curve is:
  29. The average fixed cost (AFC) curve is asymptote to:
  30. In microeconomics, we study: