If marginal utility is zero?

Suppose the price level falls but suppliers only notice that the price of their particular product has fallen Thinking there has been a fall in the relative price of their product they cut back on production, This is a demonstration of the?

Ans: misperceptions theory of the short run aggregate supply curveRead →

MCQ #4113

Mention the penalty by which a person loses title of his property, that is a result of some illegal act?

Ans: ForfeitureRead →

MCQ #726

An example of a transfer payment is?

Ans: unemployment benefitsRead →

MCQ #1856

In 2010-11 the yield of rice in Pakistan was?

Ans: 1836 kgs/hecRead →