1 |
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
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2 |
Which of the following markets comes closest to perfect market |
- A. wheat market
- B. cigarette market
- C. cold drinks market
- D. stock market
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3 |
Different kinds of imperfect competition are. |
- A. Monopoly
- B. Monopolistic competition
- C. Oligopoly
- D. All the three
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4 |
Which of the following is one of the assumptions of perfect competition. |
- A. few buyers and few sellers
- B. many buyers and few sellers
- C. many buyers and many sellers
- D. all sellers and buyers are honest
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5 |
Stock exchange is market where we can buy: |
- A. Shares
- B. Foreign exchange
- C. Factors of production
- D. Consumer goods
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6 |
The kind of market is undesirable |
- A. general market
- B. specialized market
- C. local market
- D. monopoly market
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7 |
How many types of markets according to time |
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8 |
The market of refrigerators in general is called: |
- A. Domestic market
- B. Local market
- C. International market
- D. National market
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9 |
Which is a condition for existence of monopoly |
- A. big size
- B. identical product
- C. absence of government taxes
- D. no close substitute
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10 |
Common market of SAARC countries will be called: |
- A. International market
- B. National market
- C. Regional market
- D. None of the three
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