Basic Concepts of Economics
101. There is no advertising cost in the---
- ক. Monopoly
- খ. Perfect competition
- গ. Duopoly
- ঘ. Monopolistic competition
উত্তরঃ Perfect competition
102. In which market perfect mobilization of factor does exisists?
- ক. Monopoly
- খ. Perfect competition
- গ. Oligopoly
- ঘ. Monopolistic competition
উত্তরঃ Perfect competition
103. In which market a firm is called price taker?
- ক. Monopoly
- খ. Perfect competition
- গ. Duopoly
- ঘ. Oligopoly
উত্তরঃ Perfect competition
104. In which market advertising cost is not essential?
- ক. Monopoly
- খ. Perfect competition
- গ. Duopoly
- ঘ. Oligopoly
উত্তরঃ Perfect competition
105. In which market commodition price is fined?
- ক. Monopoly
- খ. Perfect competition
- গ. Oligopoly
- ঘ. Monopolistic competition
উত্তরঃ Perfect competition
106. ‘Rural electrieity’ is the example of—
- ক. Perfect competition market
- খ. Oligopoly market
- গ. Monopoly market
- ঘ. Duopoly market
উত্তরঃ Monopoly market
107. In which market firm and industry are the same?
- ক. Monopoly
- খ. Perfect competition
- গ. Oligopoly
- ঘ. Monopolistic competition
উত্তরঃ Monopoly
108. In the perfect competition market a firm faces about—
- ক. Marginal revenue = price
- খ. Average revenue = Marginal cost
- গ. Average cost = Marginal cost
- ঘ. Average revenue = Average cost
উত্তরঃ Marginal revenue = price
109. Profit of a firm is equal to—
- ক. Average cost - Marginal revenue
- খ. Total revenue – Total cost
- গ. Average revenue - Marginal revenue
- ঘ. Average revenue - Marginal cost
উত্তরঃ Total revenue – Total cost
110. A firm will earn normal profit when—
- ক. Average revenue = Marginal revenue
- খ. Average cost = Marginal cost
- গ. Total revenue = Total cost
- ঘ. Marginal cost = Marginal revenue
উত্তরঃ Marginal cost = Marginal revenue
111. A monopolist will earn normal profit when—
- ক. Average revenue(AR) = Marginal cost(MC)
- খ. Average cost(AC) = Average revenue(AR)
- গ. Average revenue(AR) = Marginal revenue(MR)
- ঘ. Average cost(AC) = Marginal revenue(MR)
উত্তরঃ Average cost(AC) = Average revenue(AR)
112. A monopolist’s Principle is—
- ক. When price > Marginal cost(MC)
- খ. Equalize Average revenue(AR) to Marginal revenue(MR)
- গ. Minimize Average revenue(AR)
- ঘ. Is a price taker
উত্তরঃ Equalize Average revenue(AR) to Marginal revenue(MR)
113. Which condition makes price discrimination is possible?
- ক. Identical elasticities of demand in the market
- খ. The seperability of markets is which the product is sold
- গ. A large number of firms in the market
- ঘ. The existence of differentiation
উত্তরঃ Identical elasticities of demand in the market
114. What is the feature of a natural Monopoly?
- ক. The monopoly controls the supply of its row materials
- খ. Diseconomies of sale set in a low level of output
- গ. The monopoly products a product that has no close substitute
- ঘ. Average costs fall over the entire range of output
উত্তরঃ Average costs fall over the entire range of output
116. Which of the following is the apex body of the private sector business community in Bangladesh?
- ক. DCCI
- খ. FBCCI
- গ. DSE
- ঘ. BGMEA
উত্তরঃ FBCCI