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Perfect Competition Quiz Questions and Answers PDF Download 40

Learn perfect competition quiz questions to learn MBA for online business management degree, MBA test prep 40 for distance education courses with perfect competition test and MCQs. College and universitiy courses MCQs, internal recruiters, demand, law of supply, perfect competition test prep for executive MBA.

"All customers and manufacturers are supposed to have ideal knowledge of price, usefulness, worth and manufacturing ways of products are", perfect competition Multiple Choice Questions (MCQs) with choices less information, perfect utility, perfect information, and imperfect information to learn online classes courses. For admission and scholarhsips' exams, learn perfect competition multiple choice questions to practice MCQ based quiz question and answers.

Quiz on Perfect Competition PDF Download eBook 40

Perfect Competition Quiz

All customers and manufacturers are supposed to have ideal knowledge of price, usefulness, worth and manufacturing ways of products are

  1. perfect utility
  2. less information
  3. perfect information
  4. imperfect information

C

Law of Supply Quiz

Aspect affecting supplies are

  1. good's own price
  2. prices of related goods
  3. price of inputs
  4. all of these are shifters

D

Demand Quiz

Augmented demand can be characterized on graph as curve being moved to right is associated to

  1. supply curve shifts
  2. curve shifts
  3. demand increase
  4. Demand curve shifts

D

Internal Recruiters Quiz

Members of a firm and usually working in human resources section are

  1. sourcing
  2. external recruiters
  3. internal recruiters
  4. account employee

C

Demand Quiz

Tastes & first choices are determinants of

  1. supply
  2. demand
  3. demand curve
  4. elasticity

B