Home

In cournot model, each firm makes decision regarding:

A. Price

B. Output

C. Cost

D. Advertisement

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

You can do it
  1. Which of the following is an implicit cost of production?
  2. The income effect means that consumer purchase more when:
  3. Because of selling costs, the demand curve of a firm shifts:
  4. According to Marginalists, the price of any commodity is determined by:
  5. Which one of the following has been the most influential work of F.H.Knight?
  6. If Cobb-Douglas production function is homogeneous of degree greater than one (n>1), then it shows:
  7. Perfect competition assumes:
  8. Abstinence or Waiting theory of Interest was presented by:
  9. Kinked Demand Curve is consistent with which one of the following market situations?
  10. In monopolistic competition, the firm compete on the basis of:
  11. In centralized cartel, the firms are like:
  12. Microeconomics deals with the:
  13. Excess capacity is not found under:
  14. Under which of the following forms of the market structure does a firm have no control over the price…
  15. If a firm is producing output at a point where diminishing returns have set in, this means that:
  16. In an indifference curve diagram, when the price of a product increases, the decline in quantity demanded…
  17. Under monopoly and imperfect competition MC is:
  18. Total profits are maximized at the point where:
  19. Who finalized the model of monopolistic competition?
  20. If production increases under increasing returns to scale, the cost will:
  21. The reaction curve of a firm is attained by joining the:
  22. The number of sellers in duopoly is:
  23. From the resource allocation view point, perfect competition is preferable because:
  24. The right of individuals to control productive resources is known as:
  25. If the commodity is inferior then the Income Effect (I.E) and the Substitution Effect (S.E):
  26. The main contribution of David Ricardo is in the field of:
  27. The production techniques are technically efficient:
  28. An indifferent curve shows:
  29. In Recardian theory of value, the stress has been made on:
  30. The Cambridge School of Thought refers to the group of English economists who came under the influence…