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If the price of Pepsi Cola goes down, you would predict:

A. An increase in supply of coca cola

B. A decrease in supply of coca cola

C. An increase in demand for coca cola

D. A decrease in demand for coca cola

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

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  2. In monopolistic competition, the firm take advantage due to customers:
  3. If under perfect competition, in the short period, price does not cover the average cost completely,…
  4. The Tit for Tat strategy means cooperation by the 2nd firm if:
  5. In microeconomics, we study:
  6. Marginal utility (MU) always:
  7. The optimal strategy for a player is termed as:
  8. The cost that a firm incurs in purchasing or hiring any factor of production is referred to as:
  9. In monopoly, the relationship between average revenue and marginal revenue curves is as follows:
  10. Identify the author of The Affluent Society?
  11. The General Theory of Employment, Interest and Money is the major work of :
  12. The maximization of output subject to cost requires equilibrium at the:
  13. The demand curve slopes downwards due to:
  14. At the shut-down point in perfect competition:
  15. If money income is given then consumer is in equilibrium when:
  16. Under monopolistic competition, in long-run there is:
  17. As the price of diamond is higher, so it has:
  18. In Edgeworth model, prices oscillate between:
  19. According to Marshal, the Law of Diminishing Returns is applicable to:
  20. Perfect competition implies:
  21. The kinked demand curve comes into being where:
  22. The goods sold by firms under monopolistic competition are technological as well as:
  23. The equilibrium conditions, MC = MR = AR = AC, will happen:
  24. An iso-product (an isoquant) curve slopes:
  25. The firm is said to be in equilibrium when the difference between revenue and cost is:
  26. In context of oligopoly, the kinky demand curve (kinked demand curve) hypothesis is designed to explain:
  27. Selling costs are incurred under monopolistic competition to:
  28. If price exceeds AVC but in smaller than AC at the best level of output, the firm is:
  29. In the case of substitutes, the cross demand curve slopes
  30. Dumping is international discriminating: