Questions

_________ 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.

A manufacturer faces price elasticity of demand of a ­1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

For each perfectly competitive firm in the long run

The demand curve facing a perfectly competitive firm is

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

The egg is carried from the ovary to the womb through

Which of the following is a bisexual flower?