CSS Economics Solved Mcqs

Q.  Price discrimination will be profitable only if the elasticity of demand in different markets into which the total market has been divided is:

a. Uniform
b. Different
c. Less
d. Zero


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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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MCQs:  Marginal revenue is always less than price at all levels of output in:
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