A. | Oligopoly |
B. | Monopoly |
C. | Monopolistic |
D. | Duopoly |
Option: A Explanation : Click on Discuss to view users comments. |
Assertion (A). In oligopoly price and output are generally indeterminate
Reason (R). The above situation occurs due to interdependence of the firms under oligopoly
A. | Both (A) and (R) are false |
B. | (A) is true and (R) is false |
C. | (A) is true and (R) is correct explanation of (A) |
D. | (A) is true and (R) is not correct explanation of (A) |
Option: C Explanation : Click on Discuss to view users comments. |
A. | Positive |
B. | Negative |
C. | Zero |
D. | None of these |
Option: C Explanation : Click on Discuss to view users comments. |
Assertion (A). A ship with heavy fuel is stable equilibrium and egg lying on its side is a natural equilibrium and egg posted on one of its end is unstable equilibrium.
Reason (R). Stable equilibrium is that in which economic condition after some change come back in the original state.
A. | (A) is true and (R) is correct explanation of (A) |
B. | (A) is true and (R) is not a correct explanation of (A) |
C. | (A) is false and (R) is true. |
D. | (A) is true and (R) is false. |
Option: A Explanation : Click on Discuss to view users comments. |
Assertion (A). Marginal cost and differential cost do not convey the same meaning in all the circumstances.
Reason (R). Differential cost increase or decrease due to change in fixed cost.
A. | (A) is true but (R) is false |
B. | (A) is false, but (R) is true. |
C. | (A) and (R) are correct and (R) is correct explanation of (A) |
D. | Both (A) and (R) are correct, but (R) is not the correct explanation of (A). |
Option: C Explanation : Click on Discuss to view users comments. |