MCQs: A decrease in demand causes the equilibrium price to:
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MCQs: When price is below equilibrium level, there will be:
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MCQs: If equilibrium price rises but equilibrium quantity remains unchanged, the cause is:
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MCQs: Price of a product is determined in a free market:
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MCQs: An increases in the price of mutton provides information which:
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MCQs: In market equilibrium, supply is vertical line. The downward sloping demand curve shifts to the rights. Then:
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MCQs: Equilibrium:
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MCQs: Ten rupees is the equilibrium price for good X. If government fixes price at Rs. 5, there is:
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MCQs: A rise in supply and demand in equal proportion will result in:
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MCQs: The price and sales of sugar both increase. What could be the cause of this?
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MCQs: Which of the following is one of the assumptions of perfect competition.
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MCQs: A firm under perfect competition is:
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MCQs: Which of the following markets comes closet to perfect market.
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MCQs: This kind of market is undesirable:
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MCQs: Which is a condition for existence of monopoly:
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MCQs: In case of monopoly:
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MCQs: In case of perfect competition in the market:
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MCQs: In the business world:
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MCQs: Which is not true:
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MCQs: The major difference between perfect competition and monopolistic competition is:
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