An increase in price will _________.
1). increase consumer surplus
2). decrease consumer surplus
3). have no affect on consumer surplus
4). decrease producer surplus
1. Question 11:What is the difference between a price index and a quantity index?
2. Which of the following can be used for checking inflation temporarily
6. In the short run, when the output of a firm increases, its average fixed cost
9. 'Dumping' in the context of international trade refers to :
10. Which institution is known as 'Soft Loan Window' of World Bank?