Market Equilibrium | MCQs

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

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

    Q2: When both the demand and the supply curves shift to the right due to any reason then?

    جب طلب اور رسد دونوں کسی وجہ سے دائیں طرف شفٹ ہو جائیں تو پھر؟
    • A. The quantity traded and price of the good increase for sure
    • B. Quantity traded increases for sure but prices remain constant
    • C. Quantity traded increases for sure but nothing could be said about prices
    • D. Quantity traded increases for sure but prices decrease
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