Industrial Organization | MCQs

    Q1: In monopolistic competition, long-run equilibrium involves?

    اجارہ داری مقابلہ میں، طویل مدتی توازن شامل ہے؟
    • A. Perfect price discrimination
    • B. Zero economic profit
    • C. Excess capacity
    • D. Homogeneous products

    Q2: In monopolistic competition, product differentiation refers to?

    اجارہ داری مقابلہ میں، مصنوعات کی تفریق سے مراد؟
    • A. Offering unique products with no substitutes
    • B. Offering identical products to consumers
    • C. Offering products at the same price as competitors
    • D. Offering products that are similar but not identical

    Q3: Which of the following oligopoly model are concerned with the maximization of joint profit?

    مندرجہ ذیل میں سے کون سا اولیگوپولی ماڈل مشترکہ منافع کو زیادہ سے زیادہ کرنے سے متعلق ہے؟
    • A. Collusive model
    • B. Edgeworth model
    • C. Cournot model
    • D. Bertrand model

    Q4: The market structure of monopoly is characterized by?

    اجارہ داری کی مارکیٹ کی ساخت کی طرف سے خصوصیات ہے؟
    • A. Differentiated products produced by different firms
    • B. A single firm producing a good that lacks close substitutes
    • C. Marginal revenue [MR] less than price for several firms
    • D. Extensive non-price competition
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