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Market and Revenue Curves Test 01 Mcqs Preparation Online

— April 24, 2018 in Economics • add comment

Test Instructions

Market and Revenue Curves Test 01 Mcqs Preparation Online

1. In case of monopoly:
A.
B.
C.
D.

2. Which is a condition for existence of monopoly:
A.
B.
C.
D.

3. In case of perfect competition in the market:
A.
B.
C.
D.

4. A firm under perfect competition is:
A.
B.
C.
D.

5. Which of the following markets comes closet to perfect market.
A.
B.
C.
D.

6. In the business world:
A.
B.
C.
D.

7. This kind of market is undesirable:
A.
B.
C.
D.

8. Which of the following is one of the assumptions of perfect competition.
A.
B.
C.
D.

9. Which is not true:
A.
B.
C.
D.

10. The major difference between perfect competition and monopolistic competition is:
A.
B.
C.
D.


 

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