In which area is the public sector most dominant in India?

 

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

For a price taking firm, average revenue is ______ market price.

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

___________ is an alternative way of representing the production function.

The __________ exchange rate is the relative price of foreign goods in terms of domestic goods.

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.