• 1. 
    In which market MR may become zero or negative ?

  • Monopoly
  • Monopolistic Competition
  • Both (a) and (b)
  • Perfect Competition
  • 2. 
    In which market AR = MR ?

  • Monopoly
  • Monopolistic Competition
  • Both (a) and (b)
  • Perfect Competition
  • 3. 
    In monopoly and monopolistic competition :

  • AR = MR
  • AR > MR
  • AR < MR
  • None of these
  • 4. 
    To which market, following figure belongs ?

  • Perfect Competition
  • Monopoly
  • Monopolistic Competition
  • None of the above
  • 5. 
    With which condition, firm will get maximum profit ?

  • Where MR = MC
  • Where MC cuts MR from below
  • Both (a) and (b)
  • None of the above
  • 6. 
    In perfect competition, which of the following remains constant ?

  • AR
  • MR
  • Both AR and MR
  • None of the both
  • 7. 
    In perfect competition:

  • AR = MR
  • AR > MR
  • MR < MC
  • MR = MC = 0
  • 8. 
    When 5 units of a goods are sold, total revenue is Rs. 100. When 6 units are sold, marginal revenue is Rs. 8. At what price are 6 units sold ?

  • Rs. 28 per unit
  • Rs. 20 per unit
  • Rs. 18 per unit
  • Rs. 12 per unit
  • 9. 
    MR is shown as:

  • \(\frac { ΔTR }{ ΔQ }\)
  • \(\frac { TR }{ Q }\)
  • \(\frac { ΔAR }{ Q }\)
  • None of these
  • 10. 
    AR is shown as:

  • \(\frac { TR }{ Q }\)
  • \(\frac { ΔQ }{ P }\)
  • \(\frac { ΔTR }{ ΔQ }\)
  • None of these
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