The oligopoly model in which the businessman assumes that his competitors output are fixed and simultaneously decide how much to produce is
Answer:Cournot oligopoly model
The cost incurred by the firm in hiring labour is called as
The locus of Pareto Optimality in Production and Consumption is given by
Answer:The Utility Possibility Curve
The condition of Pareto Optimality holds correct under
Answer: Perfect Competition
In whose growth model, entrepreneur’s significance is pivotal ?
The classical model of economic development emphasises
What does change in economic growth ?
‘Vent for surplus approach’ is applicable to
The distribution of the burden of paying a tax is called
Answer:Incidence of a tax
Plant load factor of thermal power stations in India in recent years has been around
In which year the Kissan Credit Card System was introduced ?
Productivity of groundnut is highest in
NAFED is a
Which is a non-probability based sampling method ?
Which of the following satisfy time reversal test but not factor reversal test ?
Answer:Marshall-Edgeworth Index No.