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Managerial Economics and Ethics - Managerial Economics MCQ

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41. By "normal profits" is meant

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42. If a single monopolist enjoying internal economies of scale is replaced by a large number of producers operating under perfect competition, it may be said that

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43. In all forms of imperfect competition the average revenue curve facing the individual slopes

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44. Which of the following is one of the assumptions of the indifference curve analysis?

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45. Under price discrimination, the price will be higher in the market where demand is

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Managerial Economics MCQ