Economics - Study Mode
[#1091] Price under perfect competition will rise as the demand falls when the production is subject to
Correct Answer
(A) increasing returns to scale
[#1092] 1991 crisis in India economy was originated from:
Correct Answer
(C) Both A and B
[#1093] Which of the following statement is/are correct? 1. Indifference curves slope downwards to the right 2. Indifference curves can never intersect each other Select the correct answer
Correct Answer
(C) Both 1 and 2
[#1094] For a multi market seller the rule for optimisation is to equate-
Correct Answer
(B) marginal revenues from the separate market
[#1095] When the first five year plan was started in India?
Correct Answer
(A) 1951