Forms of Market...

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

In perfect competition, since the firm is a price taker, the ________ curve is straight line

In perfect competition, in the long run, ______________?

Can TR be a horizontal Straight line?

AR is nothing but demand curve.

The product of AR and price at every unit sold is the firm’s

In the perfectly competitive market, in the long run, competitive prices equal the minimum possible ________ cost of good?

The concept of supply curve is relevant only for?

In perfect competition, a firm earns abnormal profit when __________ exceeds the _____________?

In monopolistic competition, which of the following curves generally lies below the demand curve and slopes downward?

The relationship between AR and MR when and when price falls.

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

Can MR be negative or zero.

Which of the following is the condition for equilibrium of a firm?

Which of the following type of competition is just a theoretical economic concept, not a realistic case where actual competition and trade take place?

What is price line

The revenue of a firm per unit sold is its

The relationship between AR and MR when price is constant is

Under perfect competition the number of firms

Automobile industry is an example of?

Is AR = price

If all units are sold at same price how will it affect AR and MR?

When ___________, the firms are earning just normal profit:

Which of the following is an example of perfect competition?

 Other name by which average revenue curve known: