Questions

The law of demand states that

__________ 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.

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

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No error'.
I was shocked to hear (1)/ that her husband (2)/ died of an accident. (3)/ No Error (4)

The hardest natural substance is

___ is used to control the fission reaction rate in a nuclear reactor as it absorbs neutrons without itself getting into fissioning.

The demand curve facing a perfectly competitive firm is