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Economics
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According to Schumpeter the entrepreneur makes economic profit because

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Total cost is equal to the sum of

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The show of impact is a hindrance to the development of low-income countries. It affects

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The pricing strategy which adjusts the basic price to accommodate differences in customers, products and locations is called:

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According to Marshall, the basis of consumer surplus is

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Match the following.
List-I List-II
a. Substitute goods 1. Income effect is positive
b. Complementary goods 2. Tea and coffee
c. Normal goods 3. Car and petrol
d. Inferior goods 4. Income effect is negative

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A consumer shall be in equilibrium when he has consumed three more commodities, if

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In case of monopolistic equilibrium

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If the price of good Y increase and the price of good X remains the same and in such a situation the demand for X increases then

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Franchising is a practice of:

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After recession, comes

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The subject matter of economics is

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Marginal rate of technical substitution in production is the ratio of-

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Which of the following is not a type of market structure?

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In the following diagram, consumer's surplus is shown by
Economics mcq question image

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A marginal firm is one which

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Which one of the following is not a function of the new issue market:

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Which one of the following is not an assumption of the theory of revealed preference developed by P. A. Samuelson?

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If a seller faces a demand curve   then marginal revenue will be:

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In an indifference curve/budget line diagram, at consumer equilibrium, the slope of the budget line

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