Questions

For each perfectly competitive firm in the long run

Which among the following is an example of micro-economic variable?

__________ resources are those resources whose quantity is known.

_________ 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 unemployment created at certain times of the year, when the demand for goods and services are lower than normal, is _____.

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

____ forms a common passage for both urine and sperms in human males.

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.

The woodpeckers of the West (with one exception) are different _______________ those of the East, and so are the flycatchers, the grosbeaks, the orioles, the tanagers, the humming-birds, _____________ many of the sparrows. ____________ of the purple and bronzed grackles (the latter are _______________ seen on the plains of Colorado, but are not common), the Rockies boast of Brewer's blackbird, ______________ habits are not as prosaic as his name would indicate.

West (with one exception) are different _______________ those of the East