Perfect Competition MCQ Questions and Answers 2 PDF Download
Perfect Competition Multiple Choice Questions (MCQ), perfect competition quiz answers PDF, MBA test prep 2 for online MBA degree programs.
"An model of a monopolistically competitive company is" Multiple Choice Questions (MCQ) on perfect competition with choices post breakfast cereals, farmer jones's wheat farm, tci cablevision, a supplier of cable t.v. services, and t.j.'s clothes, a local retail clothing store to study online schools courses. Practice jobs' assessment test, online learning perfect competition quiz questions for online MBA degree.
MCQs on Perfect Competition Quiz 2 PDF Download eBook
MCQ: An model of a monopolistically competitive company is
- Farmer Jones's wheat farm
- Post Breakfast Cereals
- TCI Cablevision, a supplier of cable T.V. services
- T.J.'s Clothes, a local retail clothing store
D
MCQ: A firm will get only usual profit in long run at the
- marginal revenue point
- cost cut profit point
- equilibrium point
- oligopoly point
C
MCQ: Industry is most probably to be monopolistically competitive is
- the automobile industry
- the steel industry
- the car repair industry
- the electrical generating industry
C
MCQ: Supply curve for a ideal competitor is its
- marginal Revenue curve
- average total cost curve
- marginal cost curve
- marginal cost curve above its average variable cost curve
D
MCQ: Each of following are means monopolistically competitive companies distinguish their commodities EXCEPT
- selling with slightly different physical characteristics.
- offering different levels of service that come with a product.
- creating a special aura or image for product with advertising.
- none of above are exceptions they are all ways of differentiating products.
D