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Economics 12 || Menu
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MCQ Non-Competitive Markets Chapter 6 Class 12 Microeconomics

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1. Which one is the item of the Current Account?

Question 1 of 15

2. In the monopolistic market, which curves lie below the demand curve and slopes downward?

Question 2 of 15

3. In monopolistic competition the goods are.

Question 3 of 15

4. What is the cause of the devaluation of any country’s currency?

Question 4 of 15

5. Which market has characteristics of product differentiation

Question 5 of 15

6. Hybrid in management of fixed and flexible exchange rate is known as ________

Question 6 of 15

7. A monopolist is a price

Question 7 of 15

8. When was the gold standard abandoned?

Question 8 of 15

9. The demand curve of a monopoly firm will be————

Question 9 of 15

10. Cartels exist in Oligopoly

Question 10 of 15

11. Price discrimination can take place only in

Question 11 of 15

12. Oligopoly having identical products is known as

Question 12 of 15

13. Which of the following is not a characteristic feature of imperfect competition?

Question 13 of 15

14. Under which of the following forms of market structure a firm has no control over the price of its product?

Question 14 of 15

15. The concept of the supply curve is relevant only for?

Question 15 of 15

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