EASY
CA Foundation
IMPORTANT
Earn 100

Which of the following is not the characteristic of MR?
(a)When TR is minimum, the MR is zero
(b)MR can be negative
(c)MR slopes downward from left to right
(d)MR Curve is below AR Curve

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Important Questions on Meaning and Types of Markets
MEDIUM
CA Foundation
IMPORTANT
In a perfectly competitive market, if MR is greater than MC, then a firm should -

EASY
CA Foundation
IMPORTANT
The demand curve of the firm and industry will be same in which form of market:

HARD
CA Foundation
IMPORTANT
When elasticity of demand is Equal to one in monopoly, marginal Revenue will be _____.

EASY
CA Foundation
IMPORTANT
For a monopolist, the necessary condition for equilibrium is:

MEDIUM
CA Foundation
IMPORTANT
Under _____ the monopolist will fix a price which will take away the entire consumers' surplus.

EASY
CA Foundation
IMPORTANT
Under monopoly price discrimination depends upon :

EASY
CA Foundation
IMPORTANT
Price discrimination can take place only in ?

EASY
CA Foundation
IMPORTANT
The firm in a perfectly competitive market is a price taker. This designation as a price taker is based on the assumption that:
