The degree to which a firm exercise influence over the price and output in a particular market is called:

Related MCQs

• In which of the following market forms, a firm does not exercise control over price?
• Price and output are determinates in market structure other than -
• Inwhich market structure is the demand curve of the market represented by the demand curve of the firm?
• The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called
• The system of agricultural support by which market prices are fixed at above free market levels and government buys surpluses, thus supporting prices and raising farmer’s income is called:
• The degree of monopoly power is to be measured in terms of the firm's-
• Any physical object, natural or man made, or service renderal: that could command a price in market is called:
• The market for long term loanable funds as different from the market that deals in short term loans is called:
• The economic agent who perceives market opportunities and assembles the factors of production to exploit them in a firm is referred to as
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