In monopolistic competition, the firms have to face:

A. Same cost conditions

B. Different cost conditions

C. Same price conditions

D. Same products conditions

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  1. According to law of Equi-Marginal Utility when price of commodity falls then we bought:
  2. Cardinal approach includes arranging:
  3. The elliptical isoquant represents the:
  4. In case of budget line, we get pairs of two goods where consumers income is:
  5. Which of the following does not have a uniform elasticity of demand at all points?
  6. 4.The Law of Diminishing Returns according to the modern view, applies to:
  7. A firm can never produce in the middle area of input space, in case of:
  8. The main contribution of David Ricardo is in the field of:
  9. The cost of firms in cournot model are:
  10. The effect of consumer boycotts usually is:
  11. In discriminating monopoly (price discrimination), the elasticity of demand of product in two markets…
  12. The games which played by players again and again are called:
  13. In case of monopoly, when total revenue is maximum:
  14. From the resource allocation view point, perfect competition is preferable because:
  15. In monopolistic competition, the firms face:
  16. Total fixed costs are:
  17. General Equilibrium deals with the equilibrium of the:
  18. The long run average cost curve is:
  19. Which of the following is the work of A.C.Pigou?
  20. In the real world, some competitive firms owns specialized resources that earn a return called:
  21. In Nash Equilibrium:
  22. To attain maximum profits during short-run a firm should produce the output that will:
  23. If the commodity is normal then Income Effect (I.E) is:
  24. Total variable cost curve:
  25. With elasticity of demand, the:
  26. If the factors have to be employed in a fixed ratio, then the elasticity of substitution under Leontief…
  27. With the decrease in marginal valuation of a specific commodity, the price offered by the people:
  28. While buying two goods X and Y with unequal prices, to maximize total utility from his income, a consumer…
  29. According to Marshal, the Law of Diminishing Returns is applicable to:
  30. Increasing return to scales can be explained in terms of: