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

 

In a centrally planned economy, the ____________ plans all the important activities in the economy.

The short run marginal cost curve is ____ shaped.

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

The average variable cost curve is ____ shaped.

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the average revenue is zero.

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

The _________ balance is equal to capital flows from the rest of the world, minus capital flows to the rest of the world.

__________ resources are those resources whose quantity is known.