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Q. When average product is at a maximum, marginal product is:

Q. In drawing an individual demand curve for a commodity, all but which of the following are kept constant:

Q. Keynes believed in :

Q. The central theme of Keynesian Theory is:

Q. Elasticity of supply for a positively sloped straight line supply curve that intersects the price axis is:

Q. If the income elasticity of demand for a commodity is found to be 0.4, then the commodity concerned is:

Q. When total utility is maximum, marginal utility is:

Q. Increase in output less than proportional to increase in inputs is called:

Q. Cross elasticity of demand in the case of substitutes:

Q. A rational producer will select his level of production in which stage of the law of variable proportions