| 1 |
Stock exchange is market where we can buy: |
- A. Shares
- B. Foreign exchange
- C. Factors of production
- D. Consumer goods
|
| 2 |
In case of monopoly |
- A. marginal revenue curve always slopes upward
- B. total revenue curve always slopes upward
- C. marginal revenue is always equal to average revenue
- D. marginal revenue is always less than average revenue
|
| 3 |
Extent of market mainly depends upon. |
- A. Availability of means of transport and communication
- B. Nature of supply
- C. Government restriction
- D. Perishable goods
|
| 4 |
Which is <i>NOT</i>true |
- A. perfect monopoly does not exist in real world
- B. perfect competition does not exist in real world
- C. every monopoly is evil
- D. every firm wants to reduce competition
|
| 5 |
The supply curve of day to day market is. |
- A. Touching the horizontal axis
- B. Touching the vertical axis
- C. Perfactly elastic
- D. Perfactly inelastic
|
| 6 |
The market of cars is. |
- A. International market
- B. Regional market
- C. Local market
- D. Domestic market
|
| 7 |
The market of refrigerators in general is called: |
- A. Domestic market
- B. Local market
- C. International market
- D. National market
|
| 8 |
Which of the following markets comes closest to perfect market |
- A. wheat market
- B. cigarette market
- C. cold drinks market
- D. stock market
|
| 9 |
Common market of SAARC countries will be called: |
- A. International market
- B. National market
- C. Regional market
- D. None of the three
|
| 10 |
Buyers and sellers under perfect competition are. |
- A. The same in number
- B. Large in number
- C. Small in number
- D. None of the above
|
