Market structure

Market structure

University

8 Qs

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Market structure

Market structure

Assessment

Quiz

Arts

University

Practice Problem

Medium

Created by

Dinesh Raj Subedi

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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Price of the product remains constant in the market ...........

Monopoly

Monopolistic

Oligopoly

Perfect competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the third degree price discrimination, the seller divides ................ in the different groups.

Market

Buyers

Product

Workers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the long run equilibrium , the firm in perfect competition obtains .........

Super profit

Abnormal profit

Loss

Normal profit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The equilibrium of firm is maintained where MC = MR and ................

MR cuts AR from below

MC cuts AC from below

MR cuts AC from below

MC cuts MR from below

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Application of Game Theory is suitable in ............. market strategy.

Monopoly

Duopoly

Oligopoly

Monopolistic competition

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The excess capacity of the firm is utilized under the ......... market.

Perfect competition

Monopoly

Monopolistic

Oligopoly

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The monopoly firm exists because of ......

1. government protection

2. Monopoly in factors

3 .Large production

All of these

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