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In monopolistic competition, the aim of the firm is to:

A. Maximize output

B. Minimize output

C. Minimize cost

D. Maximize profit

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

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  1. At the point where the straight line from the origin is tangent to the TC curve, AC is:
  2. In economic term water is a:
  3. In the case of a giffen good, the income effect:
  4. The optimum level of output in long run takes place where:
  5. Technological efficiency:
  6. An indifferent curve shows:
  7. The slope of indifference curve shows:
  8. In perfect competition, the slope of the total revenue curve of a firm is equal to the:
  9. Which is the correct statement?
  10. In case of budget line, we get pairs of two goods where consumers income is:
  11. Scarcity is:
  12. In Bertrand model, the entry of new firms is:
  13. The short run cost curve is U shaped because of:
  14. The short-run supply curve of the perfectly competitive firm is given by:
  15. Law of Returns to Scale shows:
  16. A decrease in demand lowers the price the most:
  17. On an indifference map higher indifference curves show:
  18. The game theory takes into consideration:
  19. In the case of two factor inputs which are neither perfectly complementary nor perfect substitutes,…
  20. The concept of period refers to:
  21. In centralized cartel, the firms are like:
  22. If the demand for good is less elastic and government levied a tax per unit of output, the price per…
  23. In the case where two commodities are good substitutes then cross elasticity will be:
  24. If the commodity is inferior then Income Effect (I.E) is:
  25. Money spent by a firm on the purchase of capital equipment is:
  26. Who wrote A Contribution to the Theory of Trade Cycle?
  27. The demand curve of giffen goods will be:
  28. The arc elasticity is the measure of average elasticity at the mid-point of the chord and connects:
  29. Cross-elasticity of demand is measured as:
  30. Under monopolistic competition, the firms compete alongwith: