Self Studies

Perfect Competi...

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  • Question 1
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    A demand curves shifts due to:

  • Question 2
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    Which of the following best describes the concept of "elasticity of demand" in the context of market analysis?

  • Question 3
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    Theproducts in perfect competition are______ in nature. 

  • Question 4
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    “Underperfect competition, an individual firm cannot influence the Market price”,because:

  • Question 5
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    The elasticity of demand for the product in a single firm in the perfect competition is:

  • Question 6
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    Who propounded the opportunity cost theory of international trade?

  • Question 7
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    In perfect competition, in the long run, if a new firm enters the industry the supply curve shifts to the right resulting in_________.

  • Question 8
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    Thefactors of production under perfect competition market are ______.

  • Question 9
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    Globalization has made Indian Market as?

  • Question 10
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    In perfect competition, when the marginal revenue and marginal cost are equal, profit is?

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