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Economics
For a price-taking firm, average revenue is ................ market price.
half of
equal to
double of
less than
B.
equal to
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When will demand become a grant?
When income increases, consumption also increases
The difference in the value of visible exports and visible imports is called
Which one of the following is not a feature of indifference curve?
Economic growth refers to
Which of the following statements is incorrect?
In the case of direct taxes, the payment liability and the ultimate burden of the tax lies upon
Interest paid to a bank for a crop loan is
If only a part of the labour force employed by a firm can be dismissed at anytime and without pay, the total wages and salaries paid by the firm must be considered.
Which of the following systems is based on the principle of surplus value?
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