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Draw average revenue curve of a firm und...

Draw average revenue curve of a firm under perfect competition.

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SK AGGARWALA-PERFECT COMPETITION-Some important qns
  1. In which market form are the products homogeneous ?

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  2. In which market from are average revenue and marginal revenue of a fi...

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  3. Draw average revenue curve of a firm under perfect competition.

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  4. State clearly any three feature of a perfectly competitive market.

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  5. Explain the feature 'a large number of buyers and sellers' of a perfec...

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  6. Explain the following features of perfect competition : (i) Larger n...

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  7. What is meant by equilibrium price?

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  8. Explain the chain the of effects on demand , supply and price of a co...

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  9. Explain the chages that take place when, at a given price of a commod...

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  10. A product market is in equilibrium. Suppose the demand for the product...

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  11. If at a given price of a commodity, there is excess demand, how will t...

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  12. Explain with the help of a diagram the effect of a rightward shift of ...

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  13. How is equilibrium price and equilibrium quantity of a normal commodit...

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  14. How will an increase in the income of the buyers of an 'inferior good'...

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  15. Explain the determination of price under perfect competition with the ...

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  16. 'Equilibrium price does not change due to simultaneous shifts in dema...

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  17. Why must the quantity demanded and quantity supplied of a commodity be...

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  18. How is the equilibrium price of good determined? Explain with the help...

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  19. Market for a good is in equilibrium. What is the effect on equilibrium...

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  20. Market for good X is in equilibrium. Suppose price of its substitute g...

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