1.
Which of the following best defines price discrimination ?

2.
Compared to the case of perfect competition, a monopolist is more likely to ?

3.
In pure monopoly, what is the relation between the price and the marginal revenue ?

4.
If a marginal revenue exceeds marginal cost, a monopolists should?

5.
If regulators break up a natural monopoly into many smaller firms, the cost of production ?

6.
Public ownership of natural monopolies ?

7.
Using government regulations to force a natural monopoly to charge a price equal to his marginal cost will ?

8.
Compared to a perfectly competitive market a monopoly market will usually generate ?

9.
A monopolist maximizes profit by producing the quantity at which ?

10.
A firm whose average total cost continually declines at least to the quantity that could supply the entire market is known as a ?

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