Questions

Read each sentence to find out whether there is an error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer will be “No Error”.

The credit for classifying the elements on the basis of their atomic masses goes to

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A ___________ deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.

The short run marginal cost curve is ____ shaped.

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.

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.