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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

  1. Farmer Jones's wheat farm
  2. Post Breakfast Cereals
  3. TCI Cablevision, a supplier of cable T.V. services
  4. T.J.'s Clothes, a local retail clothing store

D

MCQ: A firm will get only usual profit in long run at the

  1. marginal revenue point
  2. cost cut profit point
  3. equilibrium point
  4. oligopoly point

C

MCQ: Industry is most probably to be monopolistically competitive is

  1. the automobile industry
  2. the steel industry
  3. the car repair industry
  4. the electrical generating industry

C

MCQ: Supply curve for a ideal competitor is its

  1. marginal Revenue curve
  2. average total cost curve
  3. marginal cost curve
  4. marginal cost curve above its average variable cost curve

D

MCQ: Each of following are means monopolistically competitive companies distinguish their commodities EXCEPT

  1. selling with slightly different physical characteristics.
  2. offering different levels of service that come with a product.
  3. creating a special aura or image for product with advertising.
  4. none of above are exceptions they are all ways of differentiating products.

D