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The cost of firms in cournot model are:

A. identical

B. differential

C. very high

D. very low

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

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  1. According to M.Kalecki, the true measure of the degree of monopoly power is the:
  2. The Prisoners Dilemma was presented by A.W.Tucker in:
  3. All the firms with identical costs under perfect competition well, in the long-run, earn only:
  4. Scarcity means:
  5. Economies of large-scale production:
  6. Demand is elastic when the coefficient of elasticity is:
  7. An indifferent curve shows:
  8. In case of income effect, the level of consumers satisfaction rises when:
  9. Indifference curves are downward sloping and are drawn bowed toward the origin (convex to the origin)…
  10. The number of sellers in duopoly is:
  11. Of the following, which one is a characteristic of monopolistic competition?
  12. The slope of the iso-cost line (budget line) is determined by:
  13. Which of the following is not a U shaped curve:
  14. Who finalized the model of imperfect competition?
  15. A dominant strategy can best be described as:
  16. Any straight line supply which cuts the x-axis will have:
  17. The difference between the average total cost and average variable cost as output increases will:
  18. When at a given price, the quantity demanded of a commodity is more than the quantity supplied, there…
  19. The kinked demand curve comes into being where:
  20. If the commodities X and Y are perfect substitutes then:
  21. If there are many firms producing similar but differentiated products, the competition is generally…
  22. In the long-run:
  23. In monopoly, the relationship between average revenue and marginal revenue curves is as follows:
  24. A monopoly producer has:
  25. Money spent by a firm on the purchase of capital equipment is:
  26. Marginal revenue from a given output:
  27. Under price discrimination, the buyers must:
  28. Which is the first-order condition for the profit of a firm to be maximum?
  29. Under monopolistic competition, in long-run there is:
  30. For the equilibrium of the firm and the industry in the short period in a competitive market, the condition…