In which country are diamonds abundantly found ?
In which country are diamonds abundantly found ?
A. Canada
B. Russia
C. South Africa
D. Australia
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Which of the following countries lead in the production of Mica in the world ?
Which of the following countries lead in the production of Mica in the world ?A. India
B. China
C. USA
D. JapanA welfare loss occurs in monopoly where ?
A welfare loss occurs in monopoly where ?A. The price is greater than the marginal cost
B. The price is greater than the marginal benefit
C. The price is greater than the average revenue
D. The price is greater than the marginal revenueThe short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve ?
The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve ?A. At their lowest points
B. When they are declining
C. When they are increasing
D. When marginal revenue is zeroAll of the following are types of imperfect competition except ?
All of the following are types of imperfect competition except ?A. monopolistic competition
B. oligopoly
C. monopoly
D. unfair competitionA tax placed on a good that is a necessity for consumers will likely generate a tax burden that ?
A tax placed on a good that is a necessity for consumers will likely generate a tax burden that ?A. falls more heavily on sellers
B. falls entirely on sellers
C. falls more heavily on buyers.
D. is evenly distributed between buyers and sellers.A conglomerate merger is a merger of ?
A conglomerate merger is a merger of ?A. firms producing the same product
B. firms at various stages in production process.
C. firm producing complementary products
D. firms producing unrelated products.