A. a monopolistic market structure B. a duopolistic market structure C. a competitive market structure D. an oligopolistic market structure…
A. demand curve B. supply curve C. cost curve D. supply curve Correct Answer: Option B - supply curve
A. internal economies of scale B. economies of scale C. market economies D. external economies Correct Answer: Option D -…
A. highest point on the total revenue curve B. minimum point on the average revenue and the average cost curve…
A. tends to rise continuously B. remains constant C. rises and then falls D. tends to decreased continuously Correct Answer:…
A. an increase in output-input ratio B. a decrease in output-input ratio C. the constancy of input-output ratio D. an…
A. ambiguous B. oversimplified C. pessimistic D. optimistic Correct Answer: Option C - pessimistic
A. public service B. worker's union C. rate of inflation D. supply and demand for labour Correct Answer: Option D…
A. maximum population B. underpopulation C. overpopulation D. optimum population Correct Answer: Option B - underpopulation
A. manufacturers and consumers B. wholesalers and retailers C. consumers and wholesalers D. retailers and consumers Correct Answer: Option B…