imperfect competition occurs ?
A. When firms are not profit maximisers
B. When firms have some control over price and competition
C. When the consumption of the good involves an external benefit
D. Whenever firms are losing money.
A. When firms are not profit maximisers
B. When firms have some control over price and competition
C. When the consumption of the good involves an external benefit
D. Whenever firms are losing money.
A. Birds
B. Insects
C. Mice
D. None of these
I- laissez faire
II- the invisible hand
III- free trade policy
IV- competitive markets
A. I and II only
B. II and III only
C. I , II and III only
D. I , II , III and IV
A. Wheat
B. flour
C. Wheat & flour
D. rice
A. Fifth
B. Fourth
C. Sixth
D. Eight
A. mobile phone
B. electricity
C. water supply
D. postal service
A. The income of one country compared to another
B. The GDP of one country compared to another
C. The quantity of exports of one country compared to another
D. Export prices compared to import prices