Indian Economy Questions

Micro economics deals with

In which of the following types of economy are the factors of production owned individually?

_________ 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.

Long run growth in GDP is determined by

Which of the following best defines disposable income?

Which of the following gulf countries has announced to form new economic and partnership group named 'Joint Cooperation Committee' inDecember 2017?

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

For a price taking firm, average revenue is ______ market price.