Economics

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Across
  1. 1. the ordinal utility approach is also known as ____ analysis
  2. 3. when the firms cooperate with each other in determining price or output or both it is known as __________ oligopoly
  3. 8. the estimated value ofthe inputs suppliedby the owners is known as ____ cost
  4. 10. excess of receipt from the sale of goods over the expenditure incurred on producing them
  5. 13. amount received by a firm from the sale of a given commodity in the market
  6. 15. ______ cost is the cost of next best alternative foregone
  7. 16. _______ cost is cost which does not vary directly with the level of output
  8. 18. all supply curves which pass through the origin are ____ elastic
  9. 20. the AFC curre is a rectangular _______
  10. 21. PPF is _____ to the origin
  11. 24. the production function is _____ in nature
  12. 26. transformation of inputs into output
  13. 30. Marshall's Utility Analysis is also known as ____ utility approach
  14. 31. in the point of ______ MP is maximum
  15. 32. imaginary and psychological units which are used to measure satisfaction obtained from consumption
  16. 33. demand is a _____ variable
Down
  1. 2. quantity of a commodity that a firm is willing and able to offer for sale at a given price during a given period of time
  2. 4. Physical books and ebooks are ______ goods
  3. 5. Car and petrol are _______ goods
  4. 6. limitation of supply in relation to demand for a commodity
  5. 7. policy of price discrimination is followed
  6. 9. when I or more goods are demanded simultaneously to satisfy a particular want
  7. 11. Demand for a commodity which depends on demand for other goods
  8. 12. minimum price fixed by government which the producers must be paid for their produce is known as price ____
  9. 14. rise in quantity Demanded due to a fall in the price of commodity, ceteris paribus
  10. 17. goods whose demand decreases with increase in demand are known as ______ goods
  11. 19. The law of DMU is also known as ______'s first law of consumption
  12. 22. total expenditure incurred in producing a commodity
  13. 23. the short run production function is also known as _________ proportion type
  14. 25. goods that display wealth and status are known as goods of ______
  15. 27. exactly two sellers are there
  16. 28. in ______ competition any quantity of a commodity can be sold at that particular price
  17. 29. in perfect competition, the industry is a price ______