81. A concept which has importance in the equilibrium analysis and thus economic analysis is
82. Thomas Malthus believed
83. For an economy which consist of single automobile maker and that in year 2014, 30,000 vehicles are produced with an average price of Rs. 5 lakh. For this economy what would be the increase in the nominal GDP for 2015 compared with 2014 with the 4% greater automobile production and 8% inflation.
84. In the long run, competitive equilibrium
85. Under perfect competition, the long run equilibrium of the firm is established at
86. Marginal cost curve
87. Given:
The given curve is a
The given curve is a
88. The law of diminishing returns or increasing cost will operate at an earlier level in agriculture than in industry because
89. When a monopolist is able to sell each separate unit of the output at a different price according to the pocket of the customer, he is applying
90. Macro-economics basically concerns with which of following in an economy?
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