Q1081
Open questionThe point at which the total product stops increasing at increasing rate and starts increasing at decreasing rate is called
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Q1082
Open questionIn the following figure, marginal product reaches its maximum at a level of labour, which as compared to that for average product is
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Q1083
Open questionThe idea of commodity differentiation is related to which market?
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Q1084
Open questionWhich of the following is not included in the gross national production (GNP at market price) at market price?
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Q1085
Open questionThe firm under perfect competition will be in short run equilibrium when
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Q1086
Open questionWhich one of the following statement is incorrect?
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Q1087
Open questionWhich kind of economics explains the phenomenon of cause and effect relationship?
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Q1088
Open questionWhich of the following is not an attribute of production function?
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Q1089
Open questionWhat should be price elasticity of demand by proportionate method if Q1 = 20000, Q2 = 25000; P1 = Rs. 10; P2 = Rs. 8?
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Q1090
Open questionIf total consumer expenditure on a good falls as its price falls, this indicates that
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Q1091
Open questionThe concept of national income lays down the basis of
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Q1092
Open questionIn the short-run, when a simple monopoly firm attains equilibrium and earns only normal profit, its level of output will correspond to:
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Q1093
Open questionAccording to Malthus, the supply of food increases
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Q1094
Open questionFrom the following, identify the tools of fiscal policy:
(i) Public expenditure
(ii) Open market operations
(iii) Deficit financing
(iv) Taxation
(v) Reserve requirements
(i) Public expenditure
(ii) Open market operations
(iii) Deficit financing
(iv) Taxation
(v) Reserve requirements
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Q1095
Open question. . . . . . . . is also known as optimal pricing.
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Q1096
Open questionWhich of the following approach adopted by NITI Aayog are not included?
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Q1097
Open questionThe equilibrium level of output for the pure monopolist is where
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Q1098
Open questionOf the following goods, the one where the law of diminishing marginal utility is least likely to apply is
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Q1099
Open questionPrice discrimination involves
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Q1100
Open questionA monopolist has a downward sloping demand curve because
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