An inferior good
A giffen good
A normal(or superior) good
None of the above
C. A normal(or superior) good
Labour
Capital
Both of them
None of them
Equal to the slope of budget line
Greater than the slope of budget line
Smaller than the slope of budget line
Parallel to the slope of budget line
Can be ignored
Cannot be ignored
Partially be ignored
None of the above
Starts incurring losses
Uses more and more of one input while holding all other inputs constant
Does not utilize its inputs efficiently
Cuts down on the quantity of all inputs it uses
Stable cobweb model
Perpetual oscillation
Both(a) and(b)
None of them
Classical approach
Keynesian approach
Neo-classical approach
Modern approach
Monopoly
Multi-plant monopoly
Bilateral monopoly
Price discrimination
Economies and diseconomies of production
Indivisibility of factors
Fixity of supply of land
Variable factor productivity
Short period of time
Long period of time
Timeless production relationship
All of the above
Price increases and demand decreases
Price increases but demand also increases
Price remains constant but demand falls down
Price falls down but demand remains constant
Engels curve
Production indifference curve
Budget line
Ridge line
Marshal
J.R.Hicks
Adam smith
Rostow
Consumption expenditure
Theory of population
Division of labor
Theory of demand
Move to another indifference curve
Move along given indifference curve
Move to a higher indifference curve
Move to a lower indifference curve
fixation of price
Arc elasticity of demand
Cross elasticity of demand
Wage theory
An increase in the price of beef
An increase in the price of lamb
A reduction in the consumers income
A reduction in the price of lamb
With using indifference curves
With using MRS
Without using indifference curve
None of the above
Open agreements
Secret agreements
Both a and b
None of the above
Only two commodities
Only three commodities
More than three commodities
Any number of commodities
Concave
Quasi-convex
Straight line
Convex
No risks
Risks
Safety
None of the above
Equal to zero
Equal to one
Equal to infinite
More than one
Concave isoquant
Convex isoquant
Constant isoquant
None of the above
Hydraulic function
Cubic function
Pentagonic function
Quadratic function
When elasticities of demand in different markets are the same at the ruling price
When elasticities of demand are different in different markets at the ruling price
When elasticities cannot be known
When elasticities of demands are zero in different markets at the rulling price
Monopolistic competition
Imperfect competition
Monopoly
Perfect competition
A lower indifference curve
A lower PPC curve
Remains on same indifference curve
A higher indifference curve
Due to change in price while other factors remain constant
Due to change in factors other than price
Both a and b
None of the above
The different combinations of X and Y in any way the consumer wants
The different combinations of X and Y higher and lower and measuring the difference of utility between them
The different combinations of X and Y higher and lower and not measuring the difference of utility between them
None of above
Quantity exchanged might rise or fall and price would rise
Quantity exchanged would rise and price would fall
Quantity exchanged would rise and price might rise or fall
Both quantities exchanged and price would rise