Home

In monopolistic competition (also in kinked demand curve model), a firm sells the amount where:

A. Individual demand curve (IDC) is equal to proportional demand curve (PDC)

B. Individual demand curve (IDC) is greater than proportional demand curve (PDC)

C. Individual demand curve (IDC) is less than proportional demand curve (PDC)

D. None of the above

Study and Earn Android App
Share this question with your friends

Correct Answer : A.


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

Submit
Load More..

Also checkout

Phylum - Arthropoda MCQ Order & Ranking MCQ p-Block Element MCQ Statutory Deductions MCQ Strength of Materials MCQ Simplification MCQ Nuclear Physics MCQ Investment MCQ Lower urinary tract trauma MCQ Coding MCQ Urothelial tumors of the upper & lower urinary tracts MCQ Chemical Engineering Basics MCQ