A monopolist can charge a high price only for those commodities which have

Related MCQs

• A monopolist makes maximum profits when
• If two commodities are jointly demanded they are
• The price which covers the variable cost as well as the fixed price is
• The price of diamonds is higher than the price of wheat because
• If the price index is 200, it means that the price level is
• If more is demanded at the same price or same quantity at a higher price, this fact of demand is known as
• For an organisation those costs which do not, increase as output increases, are known as
• …………………..is that phase of business enterprise that concerns itself with the overall determination of institutional objectives and the policies necessary to be followed in achieving those objectives.
• Determining manpower requirements and ways of meeting those requirement is the process of
• Which of the following principal wage and salary issues and problems concerns the question of whether the entire pay structure is high, average or low in comparison with the general external labour market?