Questions

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

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

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 _____.

Which of the following is NOT a noble gas?

In a Parliamentary form of Government ___________

What is the minimum age to become the Prime Minister of India if he or she is a member of Rajya Sabha?

Which actor-turned-politician is currently a Lok Sabha Member from Ahmedabad (East) constituency?