if the price of petrol increases, the dem automobiles decreases, then the petrol automobiles are ________
Demand for a commodity refers to
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What is the reason for the downward slope of demand curve towards right?
Demand for electricity is elastic because:
A college of bachelor degree raised their fees by Rs.500 in order to increase their total revenue But actually their total revenue had fallen then the demand for bachelor degree is
The demand of commodity for which a consumer spends more percentage of his income is:
The consumer is in equilibrium when the following condition is satisfied:
In case of necessaries, the consumes surplus is
Consumer surplus can't be measured in terms of money because:
(i) Marginal utility of money changes as purchases are made
(ii) The stock of money with the consumer decreases
(iii) Income of consumer changes
(iv) Price of product changes
Creation of utilities Services is called as in terms of goods & servise is called as
__ is the produced means of production
Internal & external economies of scale gives birth to:
Which of the following is an example of an economic cost?
In short run, when output c its average fixed cost:
From the following details, find out the average variable cost of 5 units:
The cost of one thing in terms of the alternative given up is known as:
Assume that consumer's income and number of sellers in market for goods both falls. Based on this information we can conclude:
In which of the following markets there are no restrictions on the transactions?
Among the following markets has high control over the price?
Monopoly would usually generate ___when compared to perfect competition market
The producer's demand for a factor of production is governed by the _ of that factor,
"Science requires art; art requires science", who said this statement?
Which of the following is a feature of under developed economy?
Which five year plan is also known as 'Gadgil yojana'?
India has a poverty index of ____according to human development report (2010).
---- is a national waste of human energy,
India's network is the second largest network in the world with the tele density of ________ %.