Related Questions

In a perfectly competitive market, relationship between 'average revenue (AR)' and 'marginal revenue (MR)' can be best described by-
A Ar>MR
B AR = MR
C AR/MR
D AR
Two outlets of a motor manufacturing company reported that revenue from outlet x in 2013 was down 11 percent from 2012. and revenue from outlet Y in 2013 were up 7 percent from 2012. If total revenue from outlet X & Y in 2013 was up 1 percent from 2012, what is the ratio of revenue from outlet X in 2012 revenue from outlet Y in 2012?
A 1 : 2
B 4: 5
C 1 : 1
D 3: 2
Due to the recession, a show room reported that revenue from luxury car sales were down by 11% and revenue from economy car sales were up by 7% . If the total revenue were up by 1% then what is the ratio of revenue from luxury car sales to revenue from economy car sales ?
A 3 :2
B 11:7
C 4:5
D 1:2
Price-taking firms i.e., firms that operate in a perfectly competitive market, are said to be 'small' relative to the market. Which of the following best describes this smallness?
A The individual firm must have fewer than 10 employees
B The individual firm faces a downward-sloping demand curve
C The individual firm has assets less than Rs. 20 lakhs
D The individual firm is unable to affect market price through its output decisions
Under which market structure, average revenue of a firm is equal to its marginal revenue
A Oligopoly
B Monopoly
C Perfect competition
D Monopolistic competition
A company generated revenue of Tk. 125,000 in 2012 which was 12.5% of its gross revenue. In 2013, the gross revenue increased by Tk. 250,000. What is the percentage increase in the revenue in 2013?
A 12.5%
B 20%
C 25%
D 50%
A company generated revenue of Tk 125,000 in 2012 which was 12.5% o its gross revenue. In 2013, the gross revenue increased by Tk. 250,000. What is the percentage increase in the revenue in 2013?
A 12.5%
B 20%
C 25%
D 50%
নিচের কোন অনুমানটি পূর্ণ প্রতিযোগিতামূলক বাজারের সাথে সামঞ্জস্যপূর্ণ নয়? (Which one of the following assumptions is not consistent with the perfectly competitive market structure?)
A অসংখ্য বিক্রেতা এবং অসংখ্য ক্রেতা আছে (Many sellers and many buyers )
B প্রতিটি ফার্ম একটি সমজাতীয় পণ্য উৎপাদন করে এবং বিক্রি করে (Each firm produces and sells a homogenous product.)
C ক্রেতা এবং বিক্রেতাদের কাছে দ্রব্যের দাম এবং গুণমান সম্পর্কে সমস্ত তথ্য রয়েছে (Buyers and sellers have all relevant information about prices and product quality)
D একটি ফার্মের পক্ষে শিল্পে প্রবেশ করা অত্যন্ত কঠিন (It is extremely difficult for a firm to enter the industry.)
পূর্ণ প্রতিযোগিতামূলক বাজারে একটি ফার্মের ভূমি অক্ষের সমান্তরাল রেখা কোনটি? (Which of the curve is parallel to the horizontal axis in a perfectly competitive market?)
A গড় আয় (AR)
B মোট আয় (TR)
C গড় ব্যয় (AC)
D প্রান্তিক ব্যয় (MC)
পূর্ণ প্রতিযোগিতামূলক বাজারে ফার্মের ভারসাম্যের প্রাথমিক শর্ত কোনটি? (Which is the primary condition of equilibrium in a perfectly competitive market?)
A (MR
B MR>MC
C MR=MC
D MR ≤ MC

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