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Q. Goods without which people can not live are called:

Q. If a positively sloped linear supply curve passes through the origin, the elasticity of supply is

Q. If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is:

Q. When a firm doubles its inputs and finds that its output has more than doubled, this is known as:

Q. The expected return on investment is called:

Q. For complementary goods, the cross elasticity of demand:

Q. If the supply curve of the commodity is having a positive slope, a rise in the price of the commodity, results in:

Q. The problem of what to produce is a problem of:

Q. “The starting point of all economic activity is the existence of human wants” Who said this?

Q. When output is zero, variable cost is --------