Economics
Authored by Satakshi Gupta
Social Studies
University
Used 2+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the condition of equilibrium under perfect market competition?
MR > MC
MR = MC
MR < MC
NOTA
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a firm earn in short run and long run equilibrium respectively under monopoly?
Losses, supernormal profits and supernormal profits.
Losses, normal profits and supernormal profits
Normal profits and supernormal profits
Supernormal profits and supernormal profits
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There is free entry and exit of the firms in
Perfect market
Monopoly market
Monopolistic market
Both a and c
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where is the shut down point of a firm?
When price is less than AVC
When price is equal to AVC
When price is more than AVC
NOTA
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The demand, AR, MR & Price curve of ________ market forms a horizontal curve.
Oligopoly
Monopolistic
Monopoly
Perfect
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country is practising Dumping against India?
USA
China
UK
Both a & b
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Price discrimination occurred in _______ market.
Perfect
Monopoly
Monopolistic
Oligopoly
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
10 questions
AP Microeconomics Unit 1 Review
Quiz
•
12th Grade - University
15 questions
Contemporary World
Quiz
•
University
10 questions
Review 1022B Chapter 8 and Chapter 9
Quiz
•
University
15 questions
Economic Development
Quiz
•
KG - University
15 questions
Mid-Atlantic Colonies
Quiz
•
6th Grade - University
10 questions
Supply Chain Management
Quiz
•
University
10 questions
ASIAN REGIONALISM
Quiz
•
University
10 questions
BCG Matrix
Quiz
•
University
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade