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Q. “Money is what money does”. This definition was given by __________

Q. _____________ is the father of Economics. 9

Q. Opportunity cost is measured in terms of the

Q. __________ account can be opened by business persons only.

Q. On the basis of competition, markets are classified into __________ types.

Q. In the case of inferior goods, the consumer

Q. Total Outlay Method of measuring Elasticity of Demand was introduced by _________

Q. The additional cost incurred to produce an additional unit of output is _______

Q. Which one of the following cost can never become zero?

Q. When the price elasticity of demand is equal to one, the demand curve is