1.
The capital that is consumed by an economy or a firm in the production process is known as

2.
Who propounded the opportunity cost theory of international trade?

3.
Which among the following statement is INCORRECT?

4.
If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to

5.
The horizontal demand curve parallel to x-axis implies that the elasticity of demand is

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