Explore topic-wise MCQs in Business Economics.

This section includes 2 Mcqs, each offering curated multiple-choice questions to sharpen your Business Economics knowledge and support exam preparation. Choose a topic below to get started.

1.

Excess capacity is NOT noticed in which of the following market conditions?

A. Monopoly
B. Monopolistic competition
C. Oligopoly
D. Perfect competition
Answer» E.
Discussion
2.

Match the market forms in the List I and the role of the selling costs in the List II List I Market Forms List IIRole of selling costsA. Perfect Competition I. Sustained survival of firm B. MonopolyII. Influencing buying behaviour C. Monopolistic Competition III. Increasing market sizeD. OligopolyIV. Intimation of product or serviceChoose the correct answer from the options given below:

A. A - I, B - III, C - IV, D - II
B. A - IV, B - II, C - I, D - III
C. A - III, B - IV, C - II, D - I
D. A - II, B - I, C - III, D - IV
Answer» D. A - II, B - I, C - III, D - IV
Discussion