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- Multiple ChoicePlease save your changes before editing any questions.
A short run is that time period in which....
Technology changes
Technology remain constant
Employment does not changes
None of these
- Multiple ChoicePlease save your changes before editing any questions.
In short run with increase in production there will be increase in__________.
Technology
Machines
Employment
Land
- Multiple ChoicePlease save your changes before editing any questions.
AS - AD approach is given by
Marshall
SMITH
Keynes
None of these
- Multiple ChoicePlease save your changes before editing any questions.
At equilibrium level of output ______
AS>AD
AD>AS
AD= AS
None of these
- Multiple ChoicePlease save your changes before editing any questions.
When AD> AS , it is called the situation of ______
Fulfilled demand
Undesired stock
Unfulfilled demand
None of these
- Multiple ChoicePlease save your changes before editing any questions.
The situation of undesired stock happens when
AD> AS
AS>AD
AD=AS
None of these
- Multiple ChoicePlease save your changes before editing any questions.
In order to deal with the situation of unfulfilled demand , producers will decide to____
decrease the production
Increase the production
keep the production same
None of rhese
- Multiple ChoicePlease save your changes before editing any questions.
Pick the odd one out in case of AD< AS
Undesired stock of goods
Increase the production
Employment decrease
Income decrease
- Multiple ChoicePlease save your changes before editing any questions.
PICK THE ODD ONE OUT IN CASE OF AD> AS
Undesired stock
Increase the production
Employment increases
Income increase
- Multiple ChoicePlease save your changes before editing any questions.
At the equilibrium level of output as per AS-AD approach
There is situation of shortage of goods
There is situation of excess supply of goods
There is neither the situation of shortage of goods nor excess supply of goods
None of these