Indian Economy Questions

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the average revenue is zero.

For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .

A 'Market Economy' is one which

The demand for a normal good increases with ________ in the consumer's income.

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

An increase in the growth rate of the nominal money supply results in

The goods which people consume more, when their price rises are called _______.

This tax is entirely borne by the entity it is levied upon and cannot be passed.