EASY
CA Foundation
IMPORTANT
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Important Questions on Meaning and Types of Markets

EASY
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Behavioural Policies>Q 48
In very short period market:
EASY
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Behavioural Policies>Q 52
As per Behavioural Principle, which one of following Statement is Correct?
MEDIUM
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Changes in Demand & Supply>Q 59
When increase in demand is equal to increase in supply and equilibrium price remains constant, then what about equilibrium quantity?
MEDIUM
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Changes in Demand & Supply>Q 60
With a given supply curve, a decrease in demand causes
MEDIUM
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Perfect Competition>Q 96
The price elasticity of demand for a product is infinite under:
MEDIUM
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Perfect Competition>Q 115
In perfect competition, since the firm is a price taker, the _____ curve is a straight line :
MEDIUM
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Perfect Competition>Q 118
Which of the following statements is accurate regarding a perfectly competitive firm?
EASY
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Perfect Competition>Q 82
Which of the following is not a condition of perfect competition?