EASY
CA Foundation
IMPORTANT
Earn 100

Which of the following is not the characteristic of MR?

50% studentsanswered this correctly

Important Questions on Meaning and Types of Markets

MEDIUM
CA Foundation
IMPORTANT
In a perfectly competitive market, if MR is greater than MC, then a firm should -
EASY
CA Foundation
IMPORTANT
The demand curve of the firm and industry will be same in which form of market:
HARD
CA Foundation
IMPORTANT
When elasticity of demand is Equal to one in monopoly, marginal Revenue will be _____.
EASY
CA Foundation
IMPORTANT
For a monopolist, the necessary condition for equilibrium is:
MEDIUM
CA Foundation
IMPORTANT
Under _____ the monopolist will fix a price which will take away the entire consumers' surplus.
EASY
CA Foundation
IMPORTANT
Under monopoly price discrimination depends upon :
EASY
CA Foundation
IMPORTANT
Price discrimination can take place only in ?
EASY
CA Foundation
IMPORTANT
The firm in a perfectly competitive market is a price taker. This designation as a price taker is based on the assumption that: