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.Management Sciences
A. increase equilibrium price and quantity
B. Decrease equilibrium price and quantity
C. Increase equilibrium price and decrease quantity
D. Decrease equilibrium price and increase quantity
Related Mcqs:
- If the price of a good is above the equilibrium price ?
- A. there is a surplus and the price will rise B. there is a shortage and the price will fall C. there is a shortage and the price will rise D. The quantity demanded is equal to the quantity supplied and the price remains unchanged E. there is a surplus and the price will fall...
- With a positive externality ?
- A. There is under-consumption in the free market B. There is over consumption in the free market C. The government may tax to decrease production D. Society could be made off it less was produced...
- The prisoners Dilemma Game demonstrates that ?
- A. players are better of to act independently B. monopoly is better than competition C. people will always cheat D. players are better off if they co-operate...
- The problem posed by a natural monopoly is that it faces a _____ This means that _______?
- A. increasing average cost curve, marginal cost lies above average cost B. increasing average cost curve, marginal cost lies below average cost C. decreasing average cost curve marginal cost lies above average cost D. decreasing average cost curve, marginal cost lies below average cost...
- All of the following are types of imperfect competition except ?
- A. monopolistic competition B. oligopoly C. monopoly D. unfair competition...
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