In monopolistic competition, the real differentiation in products is due to difference in:

A. Style

B. Consumer

C. Cost

D. Material

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

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  1. Diseconomies of management lead to:
  2. Which of the following formula determine the income elasticity of demand?:
  3. Which is not a central problem of an economy?
  4. With firms having cost differences under perfect competition, a firm, which earns normal profit in the…
  5. Which of the following is assumed to be constant when a supply curve is drawn:
  6. The Lambda or Langrange Multiplier is a:
  7. Law of Variable Proportions is regarding in:
  8. The price under perfect competition is settled by:
  9. A price is a ratio of exchange between:
  10. The minimization of costs subject to output requires equilibrium at the lowest:
  11. The largest possible loss that a firm will make in the short run is:
  12. A producer attains the least cost combination when the relation between Marginal Rate of Technical Substitution…
  13. Which of the following is not an explicit cost of production?
  14. We can measure consumers surplus with the help of
  15. Elasticity (E) expressed by the term, 8 >E>1, is:
  16. In case of complementary factors, the isoquants are:
  17. The situation of single buyer and single seller is called:
  18. For the given production function, technical efficiency is defined as:
  19. If production increases under constant returns to scale, the cost will:
  20. In the case of two factor inputs which are neither perfectly complementary nor perfect substitutes,…
  21. If both demand and supply were to increase then:
  22. In collusive olligopoly, the firms may make:
  23. The partial equilibrium model keeps other things:
  24. Technological efficiency:
  25. The behavior of MC curve is determined by the behavior of the:
  26. A good tends to have relatively inelastic demand, if:
  27. The central problem of economics is:
  28. The study of economic theory for the sake of certain objective is called:
  29. The basic subject matter of economics is:
  30. Kinked Demand Curve is consistent with which one of the following market situations?