Solve CA Foundation Mock Test question for exam preparation (6 jan 2024- ECO & Bck)

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1. Price Elasticity of Demand for Monopolist’s Product is

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2. Which curve does intersect AC and AVC curve at its minimum point-

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3. The optimum level of production for a firm is, where

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4. As per Kinked Demand Curve Theory of Oligopoly, the Kink is formed at –

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5. Which curve is never U-shaped?

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6. Under which market, there are many varieties of product for the consumers –

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7. In which type of Oligopoly, the price leadership exists –

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Answer Key Q1- C Q2- B Q3- A Q4- A Q5- B Q6- A Q7- d Q8- b

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