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11th Standard English Medium Economics Subject Market Structure and Pricing Creative 1 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 5

    1 Marks

    5 x 1 = 5
  1. Very short period is also called ________ period

    (a)

    Long Period

    (b)

    Short Period

    (c)

    Market Period

    (d)

    None of these

  2. Total revenue is Rs 500. Total cost Rs 600. Therefore find profit or loss?

    (a)

    100 Profit

    (b)

    100 Loss

    (c)

    1100 Profit

    (d)

    600 Loss

  3. Imperfect competition was propounded in __________

    (a)

    1930

    (b)

    1932

    (c)

    1933

    (d)

    1940

  4. The imperfect competition was propounded in America by ___________

    (a)

    Mrs. Joan Robinson

    (b)

    E.H. Chamberlin

    (c)

    Marshall

    (d)

    Both 'a' and 'b'

  5. _______ is also called as international price discrimination.

    (a)

    Oligopoly

    (b)

    Dumping

    (c)

    Duopoly

    (d)

    Monopoly

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