In cournot model, firms face:

A. Negatively sloped demand curve

B. Positively sloped demand curve

C. Horizontal demand curve

D. Vertical demand curve

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

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  1. If cross-elasticity of one commodity for another turns out to be zero, it means they are:
  2. Formulation of an economic theory involves:
  3. Supply and demand changes have their most rapid impact in:
  4. We can find total utility by:
  5. Capital Saving Technological Progress can be defined as:
  6. In finding equilibrium position of a profitmaximizing firm, which technique is most convenient?
  7. Cross-elasticity of demand or cross-price elasticity between two independent goods will be:
  8. A monopoly producer usually earns:
  9. Which of the following has more elastic demand curve?
  10. AR curve under perfect competition:
  11. In monopoly, the relationship between average revenue and marginal revenue curves is as follows:
  12. A market-clearing price:
  13. The difference between laws of return and laws of return to scale is:
  14. The combination of labor and capital where the cost of a given output is minimized is known as:
  15. Income effect operates through an increase
  16. If the production function is homogeneous, the expansion path will be a straight line through the origin…
  17. In the long-run competitive equilibrium, the theory predicts that:
  18. Income distribution effects:
  19. Production is a function of:
  20. For the given production function, technical inefficiency is defined as:
  21. If the increase in demand is more than the increase in supply, the price will:
  22. If a firm is producing output at a point where diminishing returns have set in, this means that:
  23. A firm is a sum of persons who convert:
  24. The General Theory of Employment, Interest and Money is the major work of :
  25. When a consumer is in equilibrium then slope of indifference curve is:
  26. The number of firms in monopolistic competition normally range between:
  27. When income of the consumer increases then demand curve of an inferior good:
  28. The consumer is in equilibrium at the where:
  29. In short run, a firm would remain in business as long as which one of the following of cost is covered?
  30. Utility is: