Economics One liner Question and Answers

Third situation of low of variable proportion is

The excess of the price, person is to pay rather than forego the consumption of the commodity is called.

Production function marks relation between.

Production function signifies.

Production function shows relation between

Group consumption means.

Marginal Propensity to consume lies between.

When the total product rises at an increasing rate, then the

Economics of scale means reduction in

The remuneration of the entrepreneur in production is

Operating Surplus is produced in

In Economics, Production means

The marginal revenue of monopolist is

The 'Break-even' point is where

Example of Sales tax is-