Sr. # | Questions | Answers Choice |
---|---|---|
1 | In monopoly the number of firms is: | One Three Two Unlimited |
2 | The other name of law of decreasing return is: | Law of decreasing cost Law of increasing cost Law of constant cost Law of increasing returns |
3 | Average revenue is equal to: | Price Marginal revenue Total revenue Average cost |
4 | When price falls supply: | Expands Remains zero Contrasts Become fixed |
5 | Slope of demand curve is: | Negative Zero Positive Fixed |
6 | Who is the writer of Wealth of Nation? | Marshall Adam Smith Robbins Keynes |