Questions

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 demand curve facing a perfectly competitive firm is

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 _____.

Find the missing number from the given responses:

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.

Several countries ___________________ the world are now replacing the __________________ model of criminal justice partly _____________________ wholly with different models of restorative justice, _____________________ promising results in crime control. The process is more collaborative, consensual and inclusive, that is characteristic ____________________ indigenous systems of justice.

that is characteristic ____________________ indigenous systems of justice.

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.

It is a proverbial ___________, that every one makes his own destiny; and __________ is usually interpreted, that every one, by his wise ______ unwise conduct, preparesgood or evil for himself: but we may also understand it, that whatever it be that he receives _________ the hand of Providence, he may so accommodate __________ toit, that he will find his lot good for him, however much may seem to others to be wanting.

own destiny; and __________ is usually interpreted,

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.

These terms imply two different distinct functions of the human mind. The active function _______________ the volitional, voluntary thinking. It is the conscious focusing of the mind _________ some mental problem. Banishing ________ the mind all thoughts and ideas _______ in harmony with your special subject of study implies Active Mentation. This function is used _________ the active, wide-awake man in his busy and energetic moments.