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Q. Which of the following is an exception to the law of demand?

Q. Temporary unemployment is -------------, according to the Classical economists:

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

Q. Name the economist who analyses the subject matter of economics into two branches: micro economic analysis and macro economic analysis.

Q. When Q = f (P), the elasticity coefficient is measured by:

Q. A simplified representation of a real situation is called:

Q. Law of variable proportions is concerned with

Q. Most important determinant of demand is :

Q. In classical theory the level of employment is a function of:

Q. If the income elasticity of demand is greater than one, then the commodity is: