In pure monopoly, what is the relation between the price and the marginal revenue ?

Byadmin May 30, 2019September 11, 2021

In pure monopoly, what is the relation between the price and the marginal revenue ?

A. the price is greater than the marginal revenue
B. the price is less than the marginal revenue
C. there is no relation
D. they are equal

Agriculture & Irrigation System of Pakistan | Economics Mcqs

Which is the oldest hydroelectricity project in Pakistan ?

Which is the oldest hydroelectricity project in Pakistan ?

A. Mangla
B. Tarbela
C. Warsak
D. Malakand Dargai

Read More Which is the oldest hydroelectricity project in Pakistan ?
Economics Mcqs | Introduction To Economics

You are planning to run a hot dog stand during a forthcoming fair. You originally estimated that you will generated sales revenue of Rs 2000 and you have already spent Rs 1000 building the hot dog stand. The hot dog stand is nearly completed but now you estimate total sales to be only Rs 800 because the fair clashes with a major music festival in a nearby location. You can complete the hot dog stand for another Rs 300 Your decision rule should be to complete the hot dog stand as long as the cost to complete the stand is less than ?

You are planning to run a hot dog stand during a forthcoming fair. You originally estimated that you will generated sales revenue of Rs 2000 and you have already spent Rs 1000 building the hot dog stand. The hot dog stand is nearly completed but now you estimate total sales to be only Rs 800 because the fair clashes with a major music festival in a nearby location. You can complete the hot dog stand for another Rs 300 Your decision rule should be to complete the hot dog stand as long as the cost to complete the stand is less than ?

A. Rs 300
B. Rs 1000
C. Rs 500
D. Rs 800

Read More You are planning to run a hot dog stand during a forthcoming fair. You originally estimated that you will generated sales revenue of Rs 2000 and you have already spent Rs 1000 building the hot dog stand. The hot dog stand is nearly completed but now you estimate total sales to be only Rs 800 because the fair clashes with a major music festival in a nearby location. You can complete the hot dog stand for another Rs 300 Your decision rule should be to complete the hot dog stand as long as the cost to complete the stand is less than ?
Economics Mcqs | Market

An allocation is Pareto-efficient if no reallocation of resources would make some people _______ without making others ________?

An allocation is Pareto-efficient if no reallocation of resources would make some people _______ without making others ________?

A. worse off; worse off
B. better off; better off
C. better off; worse off
D. equal, unequal

Read More An allocation is Pareto-efficient if no reallocation of resources would make some people _______ without making others ________?
Economics Mcqs | Fiscal And Monetary Policy

The public Sector Net Cash Requirement (PSNCR) is ?

The public Sector Net Cash Requirement (PSNCR) is ?

A. A measure of the country’s trade position
B. A measure of the country’s budget position
C. A measure of the country’s total debt
D. A measure of the government’s monetary stance

Read More The public Sector Net Cash Requirement (PSNCR) is ?
Agriculture & Irrigation System of Pakistan | Economics Mcqs

Guddu Barrage was constructed on ?

Guddu Barrage was constructed on ?

A. River Ravi
B. River Indus
C. River Jheulum
D. River Sutlej

Read More Guddu Barrage was constructed on ?
Economics Mcqs | Foreign Exchange

Suppose there occurs an increase in the Canadian demand for Japanese computers This results in a (an) ?

Suppose there occurs an increase in the Canadian demand for Japanese computers This results in a (an) ?

A. increase in the demand for yen
B. decrease in the demand for yen
C. increase in the supply of yen
D. decrease in the Supply of yen

Read More Suppose there occurs an increase in the Canadian demand for Japanese computers This results in a (an) ?

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