Q1141
Open questionIf one perfectly competitive firm increases its level of output, market supply
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Q1142
Open questionAn increase in the price of tea from Rs. 40 per pound to Rs. 50 per pound increase the demand for coffee from 500 pounds to 600 pounds. The cross elasticity of demand is
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Q1143
Open questionWhich of the following is an implicit cost of production?
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Q1144
Open questionAverage cost curve falls:
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Q1145
Open questionWhich one of the following equations is correct?
Where MRP = Marginal Revenue Product
MPP = Marginal Physical Product
MR = Marginal Revenue
Where MRP = Marginal Revenue Product
MPP = Marginal Physical Product
MR = Marginal Revenue
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Q1146
Open questionThe consumer is 10 equilibrium when he plans his expenditure on x, y, and z commodities in such a way that he ultimately attains
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Q1147
Open questionWhich one of the following is not the characteristic of capitalism?
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Q1148
Open questionProduction function is based on which combination of the main characteristics of the inputs from the following.
1. Substitutability
2. Complementarity
3. Flexibility
4. Specificity
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1. Substitutability
2. Complementarity
3. Flexibility
4. Specificity
Choose the correct answer
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Q1149
Open questionEquilibrium with excess capacity arises in
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Q1150
Open questionThe major factors affecting demand
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Q1151
Open questionA firm under monopolistic competition advertises
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Q1152
Open questionA consumer's spending is restricted because of
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Q1153
Open questionWhen a consumer increased units of X commodity by giving up some units of Y commodity and even to attain the same level of satisfaction, the marginal rate of substitution will be calculated by
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Q1154
Open questionPrice determination of ten favours public interest because it
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Q1155
Open questionThe Human Development Index (HDI) is introduced by:
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Q1156
Open questionMatch the following.
| List-I | List-II |
| a. Problem of resource allocation | 1. How to produce |
| b. Problem of choice of techniques | 2. For whom to produce |
| c. Problem of distribution of income | 3. Scarcity |
| d. Problem of choice | 4. What to produce |
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Q1157
Open questionA point where the budget line is just touching an indifference curve at one point is
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Q1158
Open questionThe important organisation of development of small scale industries is
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Q1159
Open questionEntrepreneurship development program provides
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Q1160
Open questionUnder perfect competition, the long run equilibrium of the firm is established at
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