Explore topic-wise InterviewSolutions in Current Affairs.

This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.

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Explore topic-wise InterviewSolutions in Current Affairs.

No selling costs are required inA. monopolyB. monopolistic competitionC. perfect competitionD. oligopoly.

AR and MR curves are downward sloping inA. perfect competitionB. okigopolyC. monopolyD. none of these.

The forms of market in imperfect competition areA. monopolyB. okigopolyC. monopolistic competitionD. all of these.

There are only a few sellers under :A. perfect competitionB. oligopolyC. monopolyD. oligopoly.

If the firms under oligopoly produce a differentiated product, the industry is calledA. pure oligoplyB. imperfect oligopolyC. cooperative oligopolyD. non-copperative oligopoly.

A seller cannot influence the market price under:A. perfect competitionB. monopolyC. monopolistic competitionD. all of the above

Example of goods produced in a monopolistic form of marketA. Samsung T.V.B. Aata teaC. L.G. refrigeratorD. all of these.

_____ curve is a horizontal straight line parallel to X-axis in perfect competition.A. ARB. MRC. botha (a) and (b)D. neiter (a) nor (b)

There is no difference between a firm and an industry in :A. perfect competitionB. monopolyC. monopolistic competitionD. oligopoly.

Freedom of entry and exit takes place inA. short runB. very short runC. long runD. all of these.

Ar curve coincides with MR curve in :A. monopolyB. oligopolyC. perfect competitionD. all of these.

Nature of demand curve under oligopoly :A. perfectly elasticB. perfectly inelasticC. less elasitcD. Indeterminate