EASY
CA Foundation
IMPORTANT
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The kinked demand curve model of oligopoly assumes that:

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Important Questions on Meaning and Types of Markets

EASY
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Meaning of Market>Q 1
In Economics, the term 'market' refers to a:
EASY
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Meaning of Market>Q 2
Market consists of _____
EASY
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Classification of Market>Q 4
_____ conceived the "Time" element in markets and on the basis of this markets are classified into very short period, Short-Period, Long Period & Very Long period.
EASY
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Classification of Market>Q 5
On the basis of nature of transactions, a market may be classified into:
EASY
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Classification of Market>Q 6
Secular period is also known as
EASY
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Oligopoly>Q 310
In Oligopoly the kink in the demand curve is more due to _____.
EASY
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Oligopoly>Q 318
Kinked demand curve is
MEDIUM
CA Foundation
IMPORTANT
Business Economics & Business and Commercial Knowledge>Chapter 4 - Meaning and Types of Markets>Classification of Market>Q 3
The Price Elasticity of demand of a firm in Pure Competition is :