Freedom and Reform
The Green Revolution
Economic Integration
Risk ,Uncertainty and Profit
D. Risk ,Uncertainty and Profit
Determination of the rate of interest
Determination of the market price
Determination of the wage rate
Determination of production of firm
Is always equal to the substitution effect
Completely offsets the substitution effect
Partially offsets the substitution effect
Reinforces the substitution effect
Lowering the price, if the demand curve is elastic
Lowering the price, if the demand curve is inelastic
Rising the price, if the demand curve is elastic
None of the above is applicable
Monopoly
Multi-plant monopoly
Bilateral monopoly
Price discrimination
SACs
LACs
SMCs
LMCs
The want- satisfying power of a commodity
Usefulness of commodity
Eating of commodity
None of these
Input
Output
Both of them
None of them
Perfect competition price is charged
Monopoly price is charged
Monopoly price is not charged
None of the above
Wages of the labor
Charges of electricity
Interest on owned money capital
Payment for raw materials
P=AR and P>MR
P=MC and MC=AC
None of the above
Economics of state
Wealth of Nations
Value and price
Theory of demand
There is tendency for firms to enter but not leave the industry
Firms have no tendency either to enter or to leave the industry
Some firms may enter while the others may leave the market even after the equilibrium of the industry
Entry or exit of the firms cannot be predicted
Positive
Unitary
Negative
Infinite
With using indifference curves
With using MRS
Without using indifference curve
None of the above
Industrialists
Prisoners
Common men
Workers
Maximizes the minimum gain that can be earned
Maximizes the gain of one player, but minimizes the gain of the opponent
Minimizes the maximum gain that can be earned
None of the above
Price and output determination
Price rigidity (price stickness)
Price leadership
Collusion among rivals
Specialization of labor
Technological advancement
Marketing economics
Varying factor proportions
A downward sloping straight line
A downward sloping curve
An upward rising curve
Right angled iso-quants
More than maximum output
More than minimum output
Less than maximum output
Less than minimum output
Negative
Inverse
Positive
Both (a) and(b)
Positive
Negative
Zero
None of the above
He should be condemned
He may lose his respect from society
He should be punished
He should not be punished or even criticised
Positive
Negative
Zero
None of the above
Only one use
Many uses
Uses which cannot be postponed
Uses very essential for the consumer
2/3 of capacity of its plants
3/4 of capacity of its plants
1/3 of capacity of its plants
1/2 of capacity of its plants
Negative
Positive
Infinite
Zero
Normal profits
Abnormal profits
No profits
All of the above
Negative
Positive
Zero
Infinite
Isoprofit curve
Super profit curve
Normal profit curve
Indoprofit curve