What does “Price mechanism” exists.
Socialist economy is also known as ____economy
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In a perfectly competitive markets , if MR is greater than MC then a firm should
When total utility is increases at a diminishing rate, then marginal utility is ______
The cross elasticity of demand between two perfect substitutes will be
The shape of IC for complementary goods is
Kinked demand curve is related to
In long-run a monopolist always earn ___profits
The concept ‘Returns to scale’ is related with _
Positive science only explains _____
In a Cobb – Douglas production function, two inputs are ____
From which of the following the concept of consumer’s surplus has been derived
The Price line / Budget line of a consumer is
The Demand for factors of production is ___Demand
Which statement among below is correct in reference to AFC?
Innovation theory of entrepreneur is propounded by
If a seller obtains Rs.3,000 after selling 50 units and Rs.3,100 after selling 52 units then MR will be
The Price of a tiffin box is Rs. 100 per unit andt he quantity demanded in a market is 1,25,000 units . Company increased the price to Rs.125 per unit due to this increase in price quantity demanded decreases to 1,00,000 units. what will be price elasticity of demand ______
Economics which is concerned with welfare propositions is called.
Under which of the following forms of market structure does a firm has very considerable control over the price of its product?
The price of a commodity decreases from 10 to 8 and the quantity demanded of it increases from 25 to 30 units .Then the coefficient of price elasticity will be _____
In which among the following systems the“Right to property” exists
Objectives of price discrimination in international market is
What is the elasticity between midpoint & upper extreme point of a straight line continuous demand curve?
Who is responsible for collecting & presenting statistics in India
Value added method is used to measure__
Bad and doubtful debts of scheduled commercial banks are known as___