Author: Muhammad Imdad Ullah

1. Macro Economics was introduced by

2. Personal income includes

3. The reward for capital is called

4. The reward for labour is

5. As more of a good is consumed, then total utility typically

6. During a year aggregate value of produced goods and services of a country is called

7. The supply of perishable goods is

8. The quality of a commodity that satisfies human wants

9. A monopolistically competitive firm in the long run equilibrium

10. How many methods can be used for cultivation?

11. Due to devaluation exports become

12. A monopolistically competitive firm in short run equilibrium

13. The marginal cost curve always intersects the averages cost curve at

14. The shape of AR and MR under perfect competition is

15. The market structure in which strategic considerations are most important is

16. Income elasticity shows the relationship between

17. A market is said to be in equilibrium when

18. If total expenditure decreases with the rise in price elasticity of demand will be

19. The supply of land is

20. If pen and ink are complements, then an increase in the price of the pen will cause