imperfect competition occurs ?

Markets, Efficiency And The Public Interest 20/05/2020

A. When firms are not profit maximisers
B. When firms have some control over price and competition
C. When the consumption of the good involves an external benefit
D. Whenever firms are losing money.

Related Mcqs:

    The conclusion that free, unregulated markets will produce an efficient outcome breaks down if ?
    A. households do not have perfect information B. firms are not price takers in input markets C. firms are not price takers in the output market D. all of the above...
    In terms of special product life cycles a ________ is a basic and distinctive mode expression?
    A. genre B. style C. fashion D. fad...
    Which of the following is NOT one of the five stages of the buyers decision process?
    A. need recognition B. brand identification C. information search D. purchase decision...
    The last stage in the selling process in the __________ stage?
    A. Approach B. handling objections C. closing D. follow-up...
    The place in the business buying behavior model where interpersonal and individual influences might interact is called the ?
    A. environment B. response C. stimuli D. buying center...

Leave a Reply

Your email address will not be published. Required fields are marked *