Home

The number of sellers in oligopoly are:

A. Two

B. Many

C. Four

D. Very few

Correct Answer : D.


Download Objective type questions of Basics of Economics PDF

Get all objective type questions of Basics of Economics MCQ

Also checkout these categories

Aldehydes and Ketones MCQ General knowledge MCQ Decision Making MCQ Building Construction MCQ Current Affairs June 2017 MCQ Numbers MCQ Rearrangement Set 4 MCQ Phylum - Annelida MCQ Atomic Structure MCQ Php Programming MCQ Design of Masonry Structures MCQ Phylum - Platyhelminthes MCQ

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

Submit
Load More..
You can do it
  1. A straight line, downward-sloping demand curve implies that, as price falls, the elasticity of demand:
  2. Identify the coefficient of price-elasticity of demand when the percentage increase in the quantity…
  3. Income -elasticity of demand will be zero when a given change in income brings about:
  4. In substitution effect and income effect:
  5. At final equilibrium in cournot model, each firm sells:
  6. In terms of price, the indirect utility function may be:
  7. Which of the following is not a property of indifference curve?
  8. Stable cobweb model is a:
  9. Capital and Development Planning is the work of:
  10. The long run average cost curve is the envelope of:
  11. In real life, brand loyalty is a barrier to:
  12. To attain maximum profits during short-run a firm should produce the output that will:
  13. Short run cost curves are influenced by:
  14. The number of sellers in oligopoly are:
  15. Scarcity means:
  16. When a consumer reached at the point of saturation then marginal utility (MU) is:
  17. Extension (expansion) and contraction of demand are result of:
  18. Labor theory was firstly rejected by:
  19. In the immediate run:
  20. At high prices, demand is likely to be:
  21. There is no difference between fixed and variable factors in the:
  22. When total product increases at a decreasing rate:
  23. The game theory takes into consideration:
  24. Economics is a:
  25. An indifferent curve shows:
  26. If a firm is producing output at a point where diminishing returns have set in, this means that:
  27. Entry of new firms into a competitive market will shift the supply curve of the:
  28. The concept of industry in monopolistic competition has been replaced by:
  29. The slutsky demand curve includes:
  30. In the case of an inferior good, the income effect: