NCERT Class 11 Economics MCQ : Non-competitive Markets

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  • Post last modified:November 23, 2023
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Non-competitive Markets
Non-competitive Markets

NCERT Class 11 Economics MCQ : Non-competitive Markets

Embark on an economic exploration through our MCQs page dedicated to ‘Non-competitive Markets.’ Curated from a diverse array of previous year papers, including esteemed sectors like UPSC IAS and more, this resource invites you to navigate the intricate dynamics of markets where competition takes on distinctive forms.

These Multiple Choice Questions are meticulously crafted to challenge and enhance your understanding of non-competitive market structures, covering topics such as monopolies, oligopolies, and monopolistic competition. Whether you’re an economics enthusiast or preparing for competitive exams, these questions offer a strategic approach to mastering the intricacies of this crucial aspect of economic analysis.

Prepare confidently for exams with questions sourced from various sectors, ensuring a well-rounded grasp of the nuanced applications of market structures in diverse industries. Each MCQ serves as a key to unlocking insights into the diverse aspects of pricing strategies, consumer welfare, and the regulatory challenges posed by non-competitive markets, mirroring the depth of knowledge required for success in competitive examinations.

Immerse yourself in the economic complexities of ‘Non-competitive Markets,’ confident in your ability to navigate through MCQs that mirror the intricacies of this vital economic discipline. Our resource, drawn from previous year papers, acts as a roadmap for exam success, offering both knowledge enrichment and strategic insights

NCERT Class 11 Economics : Non-competitive Markets MCQ – NCERT Class 11 MCQ

Question:
Which of the following is not the feature of an imperfect competition?
  • A
  • B
  • C
  • D
Question:
A monopolist is a price
  • A
  • B
  • C
  • D
Question:
The firm and the industry are one and the same in:
  • A
  • B
  • C
  • D
Question:
Which of the following is not a characteristic feature of imperfect competition?
  • A
  • B
  • C
  • D
Question:
Market which has two firms is known as
  • A
  • B
  • C
  • D
Question:
Under which of the following forms of market structure a firm has no control over the price of its product?
  • A
  • B
  • C
  • D
Question:
Oligopoly having identical products is known as
  • A
  • B
  • C
  • D
Question:
Price discrimination can take place only in
  • A
  • B
  • C
  • D
Question:
Which market have characteristic of product differentiation
  • A
  • B
  • C
  • D
Question:
Under monopoly form of market, TR is maximum when
  • A
  • B
  • C
  • D

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