Industrial Organization | MCQs

    Q1: In monopolistic competition, long-run equilibrium involves?

    اجارہ داری مقابلہ میں، طویل مدتی توازن شامل ہے؟
    • A. Homogeneous products
    • B. Perfect price discrimination
    • C. Excess capacity
    • D. Zero economic profit

    Q2: In monopolistic competition, product differentiation refers to?

    اجارہ داری مقابلہ میں، مصنوعات کی تفریق سے مراد؟
    • A. Offering identical products to consumers
    • B. Offering products at the same price as competitors
    • C. Offering unique products with no substitutes
    • D. Offering products that are similar but not identical

    Q3: Which of the following oligopoly model are concerned with the maximization of joint profit?

    مندرجہ ذیل میں سے کون سا اولیگوپولی ماڈل مشترکہ منافع کو زیادہ سے زیادہ کرنے سے متعلق ہے؟
    • A. Edgeworth model
    • B. Collusive model
    • C. Bertrand model
    • D. Cournot model

    Q4: The market structure of monopoly is characterized by?

    اجارہ داری کی مارکیٹ کی ساخت کی طرف سے خصوصیات ہے؟
    • A. Differentiated products produced by different firms
    • B. Extensive non-price competition
    • C. Marginal revenue [MR] less than price for several firms
    • D. A single firm producing a good that lacks close substitutes
✅ Correct: 0 | ❌ Wrong: 0 | 📊 Total Attempted: 0