F.Y.B.Com Semester II Business Economics II Q.4 Discuss the long run equilibrium of the firm under perfect competition. ANS: The long run is a period of time which is sufficiently long to allow the firms to make changes in all factors of production. Therefore, it is said that in the long run, all factors of … Read more
F.Y.B.COM. SEMESTER – II BUSINESS ECONOMICS – II Q.2 Explain how a firm gets profit maximisation under perfect competition. ANS: Profit is the main objective of any firm into business. Each and every firm tries to makes maximum possible profit into the business. Firm earns profit when Total revenue which has earned subtracted from the … Read more
1. The monopoly firm faces a _____ demand curve. a. veritcle b. Upward slopping c. Kinked d. downward sloping ANS: D 2. An _____ firm does not face a definite … Read more
FYBCOM – BUSINESS ECONOMICS EXAM SEN 1. MCQ QUESTION BANK 1. The monopoly firm faces a _____ demand curve. a. veritcle b. Upward slopping c. Kinked d. downward sloping … Read more
Mumbai University IDOL M.Com Part 1 Economics MCQ Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1. To promote and sustain mutual trade and cooperation among member countries is the main objective of _ A. SAQTA SAQTA B. SAPTA SAPTA C. SALTA SALTA D. SAMTA SAMTA ANS: B 2. Protection Policy includes __ A. only import substitution B. only export … Read more