Home

Join Our Socials

Telegram Group
Join Community
Twitter Group
Pinterest Group
Facebook Group
Subscribe YouTube

What is the correct answer?

4

Gold is bought and sold in a:

A. Perfectly competitive international market

B. Perfectly competitive national market

C. Imperfect international market

D. Imperfect national market

Correct Answer :

A. Perfectly competitive international market


Share this question with your friends
Show all Basics of Economics MCQ

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

Submit
Load More..

Related Questions

The goods sold by firms under monopolistic competition are technological… If production increases under constant returns to scale, the cost will: Who first formulated the Marginal Productivity Theory of Distribution? Of the following commodities, which has the lowest price-elasticity of… The difference between the average total cost and average variable cost… In repeated game, the Prisoners Dillemma can have a: A market demand schedule is obtained by adding individual demand schedules: Price-taker firms: The budget constraint equation of the firm is: Market demand curve is: Most of the supply curves with which the average consumer deals are: With an increase in income, consumer is expected to buy more of: In economics, Externality means: If the commodity is inferior then: The consumer is in equilibrium at the where: The production possibility curve (PPC) is concerned with: Which one of the following is also known as Plant Curves: An iso-product (an isoquant) curve slopes: Under the law of variable proportions, the average and the marginal product… Cross-elasticity of demand is measured as: In Prisoners Dilemma, both the prisoners are interrogated: By saying that monopolist create a contrived scarcity, economist mean… In the short-run, in which one of the following situations would a competitive… In modern theory of costs, a firm normally utilizes: The concept of industry in monopolistic competition has been replaced… Classical production function is: Who finalized the model of imperfect competition? A market-clearing price: The reserve capacity in administration is advocated on the ground that… The slope of the iso-cost line (budget line) is determined by:

Also checkout

Angiosperms (Morphology) MCQ PageMaker MCQ Affiliate Marketing MCQ Fluid Mechanics MCQ Time and Distance MCQ SEO MCQ Chinese Language and Culture MCQ Java Programming MCQ Italian Language and Culture MCQ Automobile Engineering MCQ General Biology MCQ GST MCQ