Multiple Choice
The equality between MC and MR is
A) A necessary condition for equilibrium of the firm under perfect condition
B) A sufficient condition for equilibrium of the firm under perfect competition
C) A necessary but not sufficient condition for equilibrium of the firm under perfect condition
D) A necessary and sufficient condition for equilibrium of the firm under perfect condition
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Khan's multiplier is known as:<br>A)investment multiplier<br>B)employment multiplier<br>C)Foreign
Q2: Investment Multiplier explains measures the change income
Q3: Keynes's multiplier is known as:<br>A)investment multiplier<br>B)employment multiplier<br>C)Foreign
Q4: When there is High capital mobility the
Q5: Which one of the following is a
Q7: Average revenue curve under imperfect competition is<br>A)Upward
Q8: When there is Zero or No capital
Q9: Total profits are maximized where<br>A)TR equals TC<br>B)TR
Q10: Under perfectly competitive market an individual seller
Q11: Which policy is recommended under flexible exchange