Who introduced various types of price discrimination
A) alfred marshall
B) adam smith
C) a c pigou
D) j b say
Correct Answer:
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Q10: Under monopoly, the equilibrium price is
A)equal to
Q11: The cross elasticity of demand for the
Q12: Which of the following is known as
Q13: A monopolist usually earns
A)economic profit
B)only normal profit
C)losses
D)profit
Q14: Price discrimination is possible
A)under any market form
B)only
Q16: Oligopoly is a market situation characterized by
A)large
Q17: 'Indeterminateness of demand curve' is a feature
Q18: Selling cost is maximum in the case
Q19: The concept of 'Kinked demand curve' is
Q20: The concept of 'Kinked demand curve' was
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