Related MCQs

• Q. Main feature of perfectly competitive market is:
• Q. Which of the following type of competition is just a theoretical economic concept, not a realistic c
• Q. Consumer is in equilibrium when
• Q. Average variable costs can be defined as:
• Q. Who said, “Economics is a science of wealth.”
• Q. The elasticity at a point on a straight-line supply curve passing through the origin making an angle
• Q. In perfect competition, since the firm is a price taker, the ________ curve is straight line
• Q. Which is a characteristic of the market ?
• Q. In which market AR curve is parallel to X-axis ?
• Q. Market which has two firms is known as