Questions

The consumption schedule relates:

For each perfectly competitive firm in the long run

_________ 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.

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

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four
alternatives.

Morality is _____ with ethics and symbolises the doctrine of actions right or wrong. Politics is the _____ of expediency and need not always be _____. If something is wrong and _____ expedient, it cannot be _____.

Politics is the _____ of expediency

WIMAX stands for

Who is the newly appointed Foreign Secretary of India who took charge in early 2018?