CSS Economics Solved Mcqs

Q.  Production is a function of:

a. Profits
b. Costs
c. Inputs
d. Price


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  A monopolist is able to maximize his profit when:
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MCQs:  Which of the following is not an essential condition of pure competition?
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MCQs:  What is the shape of the demand curve faced by a firm under perfect competition?
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MCQs:  Which is the first-order condition for the profit of a firm to be maximum?
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MCQs:  In which form of the market structure in the degree of control over the price of its product by a firm very large?
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MCQs:  Which is the other name that is given to the average revenue curve?
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MCQs:  Under which of the following forms of market structure does a firm have no control over the price of its product?
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MCQs:  Which one of the following is the condition of equilibrium for the monopolist?
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MCQs:  The situation of monopolistic competition is created by:
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MCQs:  Discriminating monopoly implies that the monopolist charges different prices for his commodity:
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MCQs:  Price discrimination will be profitable only if the elasticity of demand in different markets into which the total market has been divided is:
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MCQs:  Which of the following oligopoly models is concerned with the maximization of joint profits?
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MCQs:  The Kinky demand curve hypothesis is designed to explain in the context of oligopoly:
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MCQs:  Which form of market structure is characterised by interdependence in decision-making as between the different competing firms?
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MCQs:  Which one of the following is not the assumption of the Marginal Productivity Theory of Distribution?
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MCQs:  With which of the theories of wages is the name of John Stuart Mill associated?
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MCQs:  Under monophony in the labour market, the supply curve of labour facing the firm will be:
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MCQs:  Economic rent can accrue to:
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MCQs:  Which of the following statements is incorrect?
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MCQs:  In the context of the firm as a whole, quasi-rent is defined as the excess of the total receipts over the total:
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