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11th Standard English Medium Economics Subject Market Structure and Pricing Creative 3 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 15

    3 Marks

    5 x 3 = 15
  1. What are the important features of monopolistic competition?

  2. Distinguish between Price-Marker and Price-Taker?

  3. Mention any three benefits of perfect competition.

  4. What are the different sources of Monopoly power?

  5. Explain how markets can be classified on the basis of area.

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