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In cournot model, at equuilibrium when MC = MR, the elasticity of demand is:

A. equal to one

B. zero

C. negative

D. equal to 2

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

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  1. In a competitive market, price is determined primarily by:
  2. The main contribution of Adam Smith is in the field of:
  3. Of the following, which one is a characteristic of monopolistic competition?
  4. In modern theory of costs, a firm normally utilizes:
  5. External economies are witnessed in:
  6. Time Preference Theory of Interest was presented by:
  7. The cost of one thing in terms of the alternative given up is known as:
  8. In the case of two factor inputs which are neither perfectly complementary nor perfect substitutes,…
  9. While buying two goods X and Y with unequal prices, to maximize total utility from his income, a consumer…
  10. Production function shows:
  11. If two goods are complements then indifference curve (IC) will be:
  12. In arriving at stable equilibrium in cournot model, if one firm decreases output the other firm will:
  13. The game theory concentrates on:
  14. If both demand and supply were to increase then:
  15. The equilibrium conditions, MC = MR = AR = AC, will happen:
  16. The modern cost curves are based upon the idea of:
  17. According to Chamberlin, the activity of a monopolistic competitive firm:
  18. Revealed Preference Theory was presented by:
  19. According to Chamberline, in monopolistic competition, differentiation is determined by:
  20. The marshallian indirect utility function in the form of equation is:
  21. According to classical approach, utility can be:
  22. Monopolistic firm can fix:
  23. A firm in a position of equilibrium is supposed to be maximizing:
  24. In monopolistic competition, the firms face:
  25. Contracts made by firms in cooperative games are:
  26. Total variable cost curve:
  27. At high prices, demand is likely to be:
  28. All the firms with identical costs under perfect competition well, in the long-run, earn only:
  29. The addition or increment to the total cost involvesd in expanding or contracting output by one unit…
  30. The name of the system of direct exchange is: