The average product curve in the input-output plane, will be __________. (Choose the correct alternative)

In the given figure, the movement on the production possibility curve from point A to point B shows ________. (Choose the correct alternative)

Average fixed cost curve ________. (Choose the correct alternative)

If the market supply of a commodity X changes due to improvements in technology, the market supply curve will ________. (Fill up the blank)

OR

If the market supply of a commodity X changes due to rise in price of a factor input, the market supply curve will ________. (Fill up the blank)

Identify and discuss the nature of the following newspaper reports in terms of positive or normative economic analysis :

(i) “India jumped 23 points in the World Bank’s ease of doing business index to 77th place, highest in 2 years.” – The Economic Times

(ii) “Government should further liberalize the business rules.” – The Economic Times