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In cournot model, firms make decisions separately regarding:

A. output

B. input

C. price

D. advertisement

Correct Answer : A.


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  11. Capital and Development Planning is the work of:
  12. A normal profit is:
  13. The Latin term citeris paribus means:
  14. The long run total cost is attained by:
  15. The supply curve for the short-run competitive firm is the same as:
  16. If the price of a product falls which of the following would occur?
  17. After reaching the saturation point consumption of additional units of the commodity cause:
  18. Rotten eggs are:
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  21. The slope of isocost line (budget line) shows:
  22. In the case of substitutes, the cross demand curve slopes
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  28. If the commodity is normal then fall in price will result in:
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