List of top Economics Questions on Production and Supply

Explain the Law of Supply. What are its exceptions ?
Supply of a commodity rises due to rise in Price is called ________.

In the given figure, the movement on the production possibility curve from Point A to Point B shows 

How is technological progress a determinant of supply of a good by a firm? Explain.
What is the law of diminishing returns? Why does this law become operative?
When does production possibility curve shift to the right?
What will happen to MP (marginal product), when TP (total product) increases at an increasing rate?
What do you mean by fixed factors?
The cost which is never zero even when production is stopped is known as
The machine used by the firm is what type of input?
The shape of average product curve is
Which of the following statements about classical theory of employment is correct?