If the market demand curve for a commodity has a negative slope then the market structure must be

Related MCQs

• The market demand curve for a perfectly competitive industry is QD = 12 - 2P. The market supply curve is QS = 3 + P. The market will be in equilibrium if
• Given the supply of a commodity in the market period, the price of the commodity is determined by
• Given the supply of a commodity, in the market period, the price of a commodity is determined by
• The cost incurred to alter the position or slope of demand curve is known as
• If the Average Total Cost curve of a firm in monopolistic competition happens to be above the demand curve, it means:
• Monopolist will not produce that portion of demand curve where the elasticity of demand
• Under monopoly the slope of AR curve is:
• If the demand curve facing a firm is perfectly elastic, then:
• Individual firm has no control on the price of the commodity in the market is a condition of
• Individual firm has no control on the price of the commodity in the market is a condition of