A. | Maximise the sales / profit |
B. | Share the consumer's surplus |
C. | Increase the welfare of masses. |
D. | Reduce the welfare of masses. |
Option: C Explanation : Click on Discuss to view users comments. |
A. |
Different elasticity of demand for different customer
|
B. | Seller should be an MNC |
C. | Location of markets at distinct place |
D. | Consumers ignorance and prejudice |
Option: B Explanation : Click on Discuss to view users comments. |
Which of the following concepts is considered as a myth
A. | Oligopoly |
B. | Perfect competition |
C. | Monopoly |
D. | Imperfect competition |
Option: B Explanation : Click on Discuss to view users comments. |