MCQ Questions Class 11 Economics Part 2: Introductory Microeconomics Chapter 6 Non-competitive Markets with Answers

Free PDF Download of CBSE Class 11 Economics Part- 2 : Introductory Microeconomics Chapter 6 Non-competitive Markets Multiple Choice Questions with Answers.Based on Latest Exam Pattern. Students can solve MCQ NCERT Class 11 Economics Part- 2 : Introductory Microeconomics Chapter 6 Non-competitive Markets Multiple Choice Questions with Answers to know their preparation level.

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Class 11 Economics Microeconomics: Introductory Microeconomics (Part-B) Chapter 6 Non-competitive Markets MCQ Questions with Answers

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1. Under which of the following forms of market structure a firm has no control over the price of its product?

 
 
 
 

2. Which market has characteristics of product differentiation

 
 
 
 

3. Cartels exist in.

 
 
 
 

4. Which market have characteristic of product differentiation

 
 
 
 

5. Which of the following is not a characteristic feature of imperfect competition?

 
 
 
 

6. In the monopolistic market, which curves lie below the demand curve and slopes downward?

 
 
 
 

7. In perfect competition, in the long run, if a new firm enters the industry the supply curve shifts to the right resulting in_________?

 
 
 
 

8. In perfect competition, a company earns an abnormal profit when average revenue exceeds the

 
 
 
 

9. Oligopoly having identical products is known as

 
 
 
 

10. The demand curve of Oligopoly is?

 
 
 
 

11. Which of the following type of competition is just a theoretical economic concept, not a realistic case where actual competition and trade take place?

 
 
 
 

12. A monopolistic is a price

 
 
 
 

13. Which of the below-mentioned option is not mentioned in imperfect competition?

 
 
 
 

14. In monopolistic competition the goods are.

 
 
 
 

15. The concept of the supply curve is relevant only for?

 
 
 
 

16. Under monopoly form of market, TR is maximum when

 
 
 
 

17. When a negative sloping straight-line demand curve, the total revenue curve is.

 
 
 
 

18. Price discrimination can take place only in

 
 
 
 

19. The firm and the industry are one and the same in:

 
 
 
 

20. In perfect competition, when the marginal revenue and marginal cost are equal, profit it?

 
 
 
 

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