101.
For ____ goods, increase in income leads to increase in demand.

102.
In the case of a Giffen good, the demand curve will be

103.
The law of consumer surplus is based on

104.
An isoquant slopes

105.
Demand for final consumption arises in

106.
When as a result of decrease in price of good, the total expenditure made on it decreases we say that price elasticity of demand is

107.
The structure of the cold drink industry in India is best described as

108.
Under which market structure, average revenue of a firm is equal to its marginal revenue

109.
In economics, what a consumer is ready to pay minus what he actually pays, is termed as

110.
The producer is in equilibrium at a point where the cost line is