A commodity market has a ............. structure, if there is one

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 Multiple Choice QuestionsMultiple Choice Questions

291.

Short run marginal cost curve cuts the average variable cost curve from ............at the minimum point of average variable cost.

  • top

  • below

  • right

  • left


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292.

A commodity market has a ............. structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

  • Perfect Competition

  • Monopoly

  • Oligopoly

  • Monopolistic Competition


B.

Monopoly


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293.

The short run average cost curve is ............. shaped.

  • U

  • V

  • X

  • W


294.

'Foreign Jurisdiction' is listed in the ............. list given in the Seventh Schedule in the Constitution of India.

  • Union

  • State

  • Global

  • Concurrent


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295.

If the ........... firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

  • Perfect Competition

  • Monopoly

  • Oligopoly

  • Monopolistic Competition


296.

The short run marginal cost cruve is ............. shaped.

  • U

  • V

  • X

  • W


297.

__________ is the number of individuals of the population who left the habitat and gone elsewhere during the time period under consideration.

  • Natality

  • Mortality

  • Immigration

  • Emigration


298.

The demand for an inferior good decrease with ....... in the consumer's income.

  • increase

  • decrease

  • constant

  • double


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299.

Goods for which the quantity that a consumer chooses, increases as the consumer's income increases and decreases as the income decreases are called?

  • Inferior goods

  • Normal goods

  • Complementary goods

  • Substitute goods


300.

The demand for inferior good increases with ________ in the consumer's income.

  • increase

  • decrease

  • constant

  • double


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