CBSE Class 11 Non-competitive Markets Multiple Choice Questions with Answers. MCQ Questions Class 11 Non-competitive Markets with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Non-competitive Markets with Answers to know their preparation level.
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MCQ Questions Class 11 Non-competitive Markets with Answers - Set - 5
Question 1:Â
Oligopoly having identical products is known as
(A) Pure oligopoly
(B) Collusive oligopoly
(C) Independent oligopoly
(D) None of above
Correct Answer – (A)
Question 2:Â
Under monopoly form of market, TR is maximum when
(A) MR is maximum
(B) MR < 0
(C) MR > 0
(D) MR is zero
Correct Answer – (D)
Question 3:Â
The concept of the supply curve is relevant only for?
(A) Oligopoly
(B) Monopoly
(C) Monopolistic Competition
(D) Perfect Competition
Correct Answer – (D)
Question 4:Â
In the monopolistic market, which curves lie below the demand curve and slopes downward?
(A) Marginal cost
(B) Average cost
(C) Average revenue
(D) Marginal revenue
Correct Answer – (A)
Question 5:Â
Cartels exist in.
(A) Oligopoly
(B) Duopoly
(C) Monopoly
(D) Perfect competition
Correct Answer – (C)
MCQ Questions Class 11 Non-competitive Markets With Answers
Question 6:Â
Which market have characteristic of product differentiation
(A) Monopolistic competition
(B) Oligopoly
(C) Monopoly
(D) Perfect competition
Correct Answer – (A)
Question 7:Â
A monopolistic is a price
(A) Acceptor
(B) Taker
(C) Giver
(D) Maker
Correct Answer – (B)
Question 8:Â
Which of the below-mentioned option is not mentioned in imperfect competition?
(A) A large number of buyers
(B) Single sellers
(C) Similar/Homogenous product
(D) Price maker
Correct Answer – (C)
Question 9:Â
In monopolistic competition the goods are.
(A) Durable
(B) Differentiated
(C) Heterogeneous
(D) Homogeneous
Correct Answer – (B)
Question 10:Â
Which market has characteristics of product differentiation
(A) Monopolistic competition
(B) Oligopoly
(C) Monopoly
(D) Perfect competition
