List of top Economics Questions

In the equation of the budget line \( p_1x_1 + p_2x_2 = M \), what are \( p_1, p_2 \)?
Which of the following variables is defined for a time period?
What is the adjustment for routine wear and tear of capital goods called?
From where does a man get the ability to purchase goods?
Who purchases capital goods?
In which economy are the resources allocated for happiness and prosperity of the whole economy?
Which of the following is capital of economy?
Which of the following is termed as economic cost?
What do we mean by the word 'market'?
What type of economy is in India?
What is 'Allocation of limited resources'?
Under which of the following is the price determination of goods by demand and supply studied?
Who decides 'what to produce' in a market economy?
Which of the following is under the category of services?
The minimum support price policy gives rise to which problem?
When will the entry and exit of firms in the market stop?
Two sellers is a special case of which type of market?
What is the market where both consumer and firms are price takers called?
Which of the following is producing goods?
For what reason does monopolistic competition arise?
At a price more than equilibrium price, what will be supply (S) compared to demand (D)?
In which situation is the change in equilibrium price and quantity in the same direction?
What kind of market is market for biscuits?
What are the goods that are not destroyed by short term consumption called?
In the problem of double counting, which good is counted twice?