V
Q. According to ----------- when income increases by a small increment, it leads to increasing marginal utility of income
Correct Answer - Option(C)
Login to discuss.
Q. Suppose a firm sells its product at a price lower than the opportunity cost of the inputs used to produce it. Which is true?
Q. If there is excess capacity in a production facility, it is likely that the firm’s supply curve is:
Q. The larger the diameter of a natural gas pipeline, the lower is the average total cost of transmitting 1,000 cubic feet of gas 1,000 miles. This is an example of:
Q. In a cartel:
Q. A significant property of Cobb Douglas production function is that the elasticity of substitution between inputs is
Q. Which of the following defines marginal utility?
Q. If the income elasticity of demand for a good is negative, it must be:
Q. If all resources used in the production of a product are increased by 20 percent and output increases by 20 percent, then there must be:
Q. Which of the following legal restrictions, if enforced effectively, would be likely to solve a prisoners’ dilemma type of problem for the firms involved?
Q. Which one of the following conditions is required for the success of a tit-for-tat strategy?
Embed
WhatsApp
Facebook
Telegram
Share in MCQ Buddy Groups
Discusssion
Login to discuss.