111. An indifference curve slopes down towards right since more of one commodity and less of another result in
112. In the context of oligopoly, the kinked demand curve hypothesis is designed to explain
113. Profit is maximum when
114. Supply curve will shift when
115. The Revealed Preference Theory deduces the inverse price-quantity relationship from
116. Which form of market structure is characterised by interdependence in decision-making as between the different competing firms?
117. In monopoly and perfect competition, the cost curves are
118. If price changes by 1% and supply changes by 2%, then supply is
119. An ISO-product slopes
120. Which of the following is NOT the assumption of the Marginal Productivity Theory of Distribution?
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