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With elasticity of demand, the:

A. Negative sign is ignored

B. Positive sign is ignored

C. None of them

D. Both of them

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

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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. Under which of the following forms of the market structure does a firm have no control over the price…
  3. The vertical distance between TVC and TC is equal to:
  4. In microeconomics, we study:
  5. If a person behaves against the laws of economics then:
  6. The main objective of the firm is to:
  7. Perfect competition assumes:
  8. Income effect operates through an increase
  9. Which one of the following is also known as Plant Curves:
  10. Other things remaining the same, when a consumers income increases his equilibrium point moves to:
  11. In the long-run competitive equilibrium:
  12. The firm in cournot model:
  13. In monopolistic competition, the firm compete on the basis of:
  14. The demand of the necessities is:
  15. An indifference curve slopes down towards right since more of one commodity and less of another result…
  16. The average fixed cost (AFC) curve is asymptote to:
  17. Price mechanism has also given the name:
  18. Competitors in monopolistic competition have full control over:
  19. The partial equilibrium model keeps other things:
  20. The concept of product differentiation was firstly introduced by:
  21. Pure monopoly exists:
  22. Marshallian approach is also known as:
  23. The factors of production in perfect competition are:
  24. As the price of diamond is higher, so it has:
  25. Identify the economist who first developed the theory of income determination in its modern form:
  26. Change in demand (rise and fall of demand) is:
  27. Profits of a firm will be calculated taking into account the units produced and the difference between:
  28. In monopoly, new firms:
  29. Engel curves shows that:
  30. The central problem of economics is: