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2) Who firstly introduced Liquidity of Preference theory? 3) The term water in economics deals with ____________ 4) The term Technology is defined in economics

2) Who firstly introduced "Liquidity of Preference theory"?

3) The term water in economics deals with ____________

4) The term "Technology "is defined in economics as _________

5) In which theory "Marginal Productivity theory "deals with?

6) Price determination is studied traditionally. What is it called?

7) The word 'Invisible hand 'in economics is defined as

8) To Influence consumers a producer, have to spend money. This is an example of

9) Whose opinion is 'Rent is a creation of value' not of wealth?

10) The concept" Representative Firm" is introduced by __________

11) The book "The social framework" is written by

12) "Theory of income determination" is introduced by _______ in its modern form.

13) The other name of Marshallian approach is _______

14) The total utility is _________ when Marginal utility (MU) reaches zero.

15) In total utility (TU) curve the falling part represents _______

16) An IC can be ______ in the economic bad condition.

17) When rate of a commodity decreasethen we bought __________, based on law of Equi-marginal utility

18) What changes will occur on the budget line if consumer's income increases?

19) To a capital-intensive business, the most suitable form of business organisation is ____________

20) When rate of a product A Falls and as a result the demand of another product B rises. Comment the statement.

21) The other name of budget line is _____________

22) A farm land can used to cultivate either corn or soybeans if corn's demand increases then:

23) Law of diminishing returns is used in ____________ Field, according to Marshal

24) The another name of Opportunity cost is_________

25) We can determine the slope of budget line (iso-cost line) by________

26) Against fixed factors the firm faced some costs. These costs are called as _________

27) The MC curve's behavior can be find out by examining the behavior of _________

28) A firm generally uses _________ according to modern theory of costs

29) On what idea the model cost curves deals with?

30) The competition is called as ______ if many firms are producing differentiated and similar products

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