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Each firm in cournot model starts selling:

A. 1/2 of the total market demand

B. 1/4 of the total market demand

C. 1/3 of the total market demand

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

You can do it
  1. The total revenue curve for monopolist is the shape of:
  2. A market-clearing price:
  3. Production indifference curve (isoquant) is a curve which shows:
  4. A firm can never produce in the middle area of input space, in case of:
  5. Which of the following curves is a rectangular hyperbola?
  6. When total product increases at a decreasing rate:
  7. A firm in a position of equilibrium is supposed to be maximizing:
  8. In the case of a giffen good, the income effect:
  9. If two goods are complements then indifference curve (IC) will be:
  10. The feasible part of the demand curve for the monopolist who is charging high price will be:
  11. Variable costs refer to:
  12. In finding equilibrium position of a profitmaximizing firm, which technique is most convenient?
  13. The main contribution of Prof. R.G.D.Allen is in the field of:
  14. The basic subject matter of economics is:
  15. Market demand curve is:
  16. In monopolistic competition, because of difference in choices, the firm charges:
  17. The utility function u = f(x) is based upon :
  18. Perfect competition implies:
  19. The maximization of output subject to cost requires equilibrium at the:
  20. The ordinary demand curve is also called:
  21. Used cars are sold in:
  22. Economic laws are:
  23. Increasing return to scales can be explained in terms of:
  24. If the demand curve is inelastic then:
  25. In the case of an inferior good, the income effect:
  26. Who wrote Economics of Imperfect Competition?
  27. When total revenue (TR) falls in monopoly then elasticity of demand is:
  28. Elasticity of Substitution (s) is defined as:
  29. The minimization of costs subject to output requires equilibrium at the lowest:
  30. Law of variable proportions is based on the assumption of: