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Economics
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Passive factor of production is

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Under law of demand

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For inferior commodities, income effect is

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Mixed economy means an economy where

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When total utility becomes maximum, then marginal utility will be

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Utility means

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Marginal utility is equal to average utility at that time when average utility is

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Which one of the following is the task of the Planning Commission?

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At the point of satiety, marginal utility is

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Total utility of a commodity is measured by which price of that commodity?

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According to Marshall, the basis of consumer surplus is

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Which of the following bodies finalizes the Five Year Plan Proposals?

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What implication does resource scarcity have for the satisfaction of wants?

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Who expressed the view that 'Economics should be neutral between ends'?

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Price-taking firms i.e., firms that operate in a perfectly competitive market, are said to be 'small' relative to the market. Which of the following best describes this smallness?

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Which one of the following is true about Planning Commission?

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A firm encounters its 'shutdown point' when

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Under ______ market condition, firms make normal profits in the long run.

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Larger production of ___ goods would lead to higher production in future

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Economic survey is published by

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