MCQGeeks
0 : 0 : 1
CBSE
JEE
NTSE
NEET
English
UK Quiz
Quiz
Driving Test
Practice
Games
CBSE
Class 11 Economics
Non-Competitive Markets
Quiz 1
1
2
3
4
5
6
7
8
9
10
Which of the following is not the feature of an imperfect competition?
0%
Large number of buyers
0%
Single seller
0%
Homogeneous products
0%
Price maker
Explanation
Homogeneous products
A monopolist is a price
0%
Acceptor
0%
Taker
0%
Giver
0%
Maker
Explanation
Maker
The firm and the industry are one and the same in:
0%
Monopolistic competition
0%
Monopoly
0%
Duopoly
0%
Oligopoly
Explanation
Monopoly
Which of the following is not a characteristic feature of imperfect competition?
0%
Prices vary from seller to seller
0%
All the products are homogeneous
0%
Profits of the seller is included in the price
0%
None of above
Explanation
All the products are homogeneous
Market which has two firms is known as
0%
Duopoly
0%
Monopolistic Competition
0%
Oligopoly
0%
None of These
Explanation
Duopoly
Under which of the following forms of market structure a firm has no control over the price of its product?
0%
Monopoly
0%
Perfect competition
0%
Oligopoly
0%
Monopolistic competition
Explanation
Perfect competition
Oligopoly having identical products is known as
0%
Pure oligopoly
0%
Collusive oligopoly
0%
Independent oligopoly
0%
None of above
Explanation
Pure oligopoly
Price discrimination can take place only in
0%
Perfect competition
0%
Oligopoly
0%
Monopolistic competition
0%
Monopoly
Explanation
Monopoly
Which market have characteristic of product differentiation
0%
Monopolistic competition
0%
Oligopoly
0%
Monopoly
0%
Perfect competition
Explanation
Monopolistic competition
Under monopoly form of market, TR is maximum when
0%
MR is maximum
0%
MR < 0
0%
MR > 0
0%
MR is zero
Explanation
MR is zero
0 h : 0 m : 1 s
1
2
3
4
5
6
7
8
9
10
0
Answered
0
Not Answered
0
Not Visited
Correct : 0
Incorrect : 0
Report Question
×
What's an issue?
Question is wrong
Answer is wrong
Other Reason
Want to elaborate a bit more? (optional)
Support mcqgeeks.com by disabling your adblocker.
×
Please disable the adBlock and continue.
Thank you.
Reload page