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The concept of industry in monopolistic competition has been replaced by:

A. Firm

B. Product group

C. Producers

D. Shopkeepers

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

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  1. The isoquant approach is:
  2. In Edgeworth model, prices oscillate between:
  3. We can write ordinal utility function as:
  4. The firm in cournot model:
  5. AR curve under perfect competition:
  6. Under monopolistic competition, in long-run there is:
  7. Who stated explicitly for the first time the Law of Camparative Costs?
  8. The long run average cost curve is the envelope of:
  9. Implicit costs are the costs:
  10. The study of economic theory for the sake of certain objective is called:
  11. The main objective of the firm is to:
  12. In real life firms:
  13. Two policy variables, product and selling activities in the theory of firm was introduced by:
  14. In Prisoners Dillemma, the players are:
  15. Consumer surplus is the difference between
  16. 7.In an economy based on the price system the decision on what shall be produced is made by:
  17. Change in quantity demanded (expansion and contraction of demand) is:
  18. Conditions of perfect competition ensure:
  19. In cournot model, each firm expects a reaction from his rival but the expected reaction is not:
  20. The imaginary differentiation is attributed to difference in:
  21. According to Marginalists, the price of any commodity is determined by:
  22. At a point where a straight line demand curve meets the price axis (Y-axis), the elasticity of demand…
  23. The central problem of economics is:
  24. The long-run average cost is based on the fact that:
  25. Abstinence or Waiting theory of Interest was presented by:
  26. In the case where two commodities are good substitutes then cross elasticity will be:
  27. In long run, a firm can change:
  28. The short-run periods in monopolistic competition are:
  29. Of the following, which one corresponds to fixed cost?
  30. The number of sellers in oligopoly is: