Q. Which of the following is not a characteristic feature of imperfect competition?
  • (A) Prices vary from seller to seller
  • (B) All the products are homogeneous
  • (C) Profits of the seller is included in the price
  • (D) None of above
💬 Discuss
✅ Correct Answer: (B) All the products are homogeneous

💬 Discussion

Related MCQs

Q. The main objective of a socialist economy is…….

Q. Which of the following is the component of instrument pricing:

Q. Contraction in demand appears when

Q. Who propounded the percentage or proportionate method of measuring elasticity of demand ?

Q. Under which of the following forms of market structure a firm has no control over the price of its p

Q. Utility can be measured by

Q. Micro Economics includes

Q. In perfect competition, when the marginal revenue and marginal cost are equal, profit is?

Q. In which goods, price fall does not make any increase in demand ?

Q. Production function is expressed as

📱 Download Our App

Learn MCQs on the go with our easy-to-use Android app

Get it on Google Play

📊 Question Analytics

👁️
488
Total Visits
📽️
4 y ago
Published
🎖️
Shiva Ram
Publisher
📈
92%
Success Rate