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Economics
History & Civics
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Question-1
Monopolistic products are ___________________
(A)
Differentiated
(B)
Heterogeneous
(C)
Are complementary
(D)
None of these
Question-2
Normally, sellers control he market. But there are cases where buyers control the market. Such as market is known as _______________
(A)
Monopolistic competiton
(B)
Perfect competition
(C)
Monopsony
(D)
Oligopoly
Question-3
_______________ are neither fully competitive nor fully monopolistic.
(A)
Monopolistic competition
(B)
Oligopoly
(C)
a and b
(D)
Perfect competition
Question-4
_______________ can not influence the price under monopoly
(A)
Buyer
(B)
Seller
(C)
Producer
(D)
All of these
Question-5
The shape of demand curve under monopolistic competition would be _________________
(A)
Downward sloping
(B)
Upward sloping
(C)
Horizontal
(D)
Vertical
Question-6
In a perfect competitive market, goods are __________________
(A)
Homogenous
(B)
Heterogeneous
(C)
Giffen
(D)
None of these
Question-7
Inter firm competition is highest in __________________
(A)
Monopoly
(B)
Oligopoly
(C)
Perfect competition
(D)
Monopolistic competition
Question-8
The market is characterized by few sellers is known as ________________
(A)
Monopoly
(B)
Oligopoly
(C)
Perfect competition
(D)
Monopolistic competition
Question-9
Under monopoly, the number of buyers would be ____________________
(A)
Smaller
(B)
Very small
(C)
Large
(D)
None of these
Question-10
There is no scope for selling cost under ________________
(A)
Perfect competition
(B)
Monopoly
(C)
a and b
(D)
Oligopoly
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Plus 2 Humanities
ICSE/ISC
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Cost and Revenue Analysis
FORMS OF MARKET
EQUILIBRIUM OF FIRM
Determination of Equilibrium Price and Output Under Perfect Competition Monopoly and Monopolistic
Equilibrium Price: Market Price
Nature of Goods and Services Produced
National Income Aggregates
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National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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