Get steeper
Shift parallel to right
To get flatter
To shift upward
B. Shift parallel to right
Lower price in order to increase revenues
Lower price in order to decrease the amount of oil sold
Rise price in order to increase the amount of oil sold
Raise price in order to increase revenues
At the left of its lowest point
At its lowest point
At the right of its lowest point
None of the above
Cournot model
Edgeworth model
Chamberline model
Sweezy model
All buyers and sellers have perfect knowledge of the market
Freedom of entry of firms into the industry
Homogeneous product
All of the above
Convex to the origin
Slopes downwards to the right
Parallel to each other
Cannot intersect each other
The same level of price
The same level of satisfaction
The higher level of satisfaction
The lower level of satisfaction
Led the Russian Revolution
Provided the theoretical basis for socialism(communism)
Developed his theory in response to the Great Depression of the 1930s
None of the above
Single-plant monopolist
Multi-plant monopolist
Two-plant monopolist
Some-plant monopolist
Yields the same outcome over and over
Can result in behavior that is different from what it would be if the game were played once
Is not possible
Makes cooperative games into noncooperative games
Falling when average cost is falling
Rising when average cost is falling
Falling when average cost is rising
Rising when average cost is rising
Fixed capacity
Specific capacity
Excess capacity
Reserve capacity
Differentiated goods
Homogeneous goods
Advertised goods
Distress sale of goods
Abnormal profits
Only normal profits
Neither profits nor losses
Profits and losses which are uncertain
Consumer surplus
Zero
Two rupees
Excess demand
Of the last unit of production
Of marginal unit
Of marginal efficient units
Of the average units of production
Percentage change in the quantity of a commodity demanded divided by the percentage change in the price of that commodity
Percentage change in the quantity of commodity X divided by percentage change in the price of commodity Y
Percentage change in the quantity demanded of commodity X
Percentage change in the quantity demanded of commodity X divided by percentage change in the quantity demanded of commodity Y
L-shaped
J-shaped
M-shaped
V-shaped
Cardinal approach
Ordinal approach
Consumer approach
Production approach
It must be profitable to him to sell output in more than one market
Marginal revenue in both markets must be the same
Marginal revenue in both markets must also be equal to the marginal cost of producing the monopolists aggregate output
All the above
Marginal cost curve
Average variable cost curve
That part of the marginal cost curve which equals or is greater than AVC
Average total cost curve
Modern and traditional industries
Public and private sectors
Foreign and domestic investments
Commercial and subsistence farming
A lower indifference curve
A lower PPC curve
Remains on same indifference curve
A higher indifference curve
Increasing marginal utility
Decreasing marginal utility
Zero marginal utility
Negative marginal utility
Collusive oligopoly
Non-collusive oligopoly
Cartel
Perfect competition
Supply
Demand
Production
Consumption
Policy on trade
Policy against inflation
The making of index numbers
Labor theory
equal to one
zero
negative
equal to 2
Research in mathematical economics
Economics of labor
Theory of production
Theory of demand
S.Kuznets
H.Liebenstein
A.O.Hirshman
Alfred Marshal
Shifts away from the commodity the price of which has fallen
Shifts in favour of a commodity the price of which has risen
Shifts away from a commodity the price of which has risen, in favour of a commodity the price of which has fallen
None of the above