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
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