Indian Economy Questions

Name the first Indian to get Nobel prize in economics.

__________ is defined as the output per unit of variable input

Which is the form of market where there is lack of competition?

Which of these countries got Independence from United Kingdom?

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 _____.

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

_______ is issued when the court finds that a particular office holder is not doing legal duty and thereby is infringing on the right of an individual.

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.