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"If an authoritarian agency follows a rule of normal cost pricing, then an ordinary monopolist will", perfect competition Multiple Choice Questions (MCQs) with choices produce more than it would if it were unregulated., be forced to shut down., earn economic profit greater than zero., and earn more profit that it would if it were unregulated. for online MBA graduate programs. For admission and scholarhsips' exams, learn perfect competition multiple choice questions to practice MCQ based quiz question and answers.
Trivia Quiz on Perfect Competition PDF Download eBook 3
If an authoritarian agency follows a rule of normal cost pricing, then an ordinary monopolist will
- be forced to shut down.
- produce more than it would if it were unregulated.
- earn economic profit greater than zero.
- earn more profit that it would if it were unregulated.
B
NOT single of five phases of buyer choice procedure is
- purchase decision
- need recognition
- brand identification
- information search
C
idea of advertising efficiency initial come to prominence in the
- 1991
- 1990
- 1997
- 1995
B
features of a workforce, like age, gender or societal group is
- diversity
- demographics
- skills
- selection
B
In short run, balance will be affected by
- price
- demand
- supply
- cost
B