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.Management Sciences
A. There are few sellers
B. There are few buyers
C. There is one seller
D. There are many sellers
Related Mcqs:
- In monopolistic competition ?
- A. Firms face a perfectly elastic demand curve B. All products are homogeneous C. Firms make normal profits in the long run D. There are barriers to entry to prevent entry...
- Effective branding will tend to make ?
- A. Demand more price inelastic B. Supply more price inelastic C. Demand more income elastic D. Supply more income elastic...
- A competitive firm produces a level of output at which ?
- A. Price is greater than marginal cost B. price equals marginal cost C. price is less than marginal cost D. None of the above...
- In monopolistic competition ?
- A. Demand is perfectly elastic B. Products are homogeneous C. Marginal revenue = price D. The marginal revenue is below the demand curve and diverges...
- Which of the following is not one of the four Ps in marketing ?
- A. Product B. Price C. Place D. Presence...
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