UGC NET Paper 2 — Economics
607 questions across 5 years
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6 questions shown in Market Structures.
If the average revenue function AR = 10 + 5q - q^2, then the marginal revenue function is:
Match List-I with List-II: List-I A. Playing each strategy with probability B. Maximum payoff given the strategy of other C. Long-run behavior D. Period of punishment is infinite L...
If the cost and demand functions of the firm are given respectively as $C=1064+5x+\frac{x^2}{25}$ and $P=157-3x$, then sale of output at which profit would be maximum is:
Match List -I with List-II. List-I A. Low quality of goods can drive high quality goods out of market B. A party whose actions are unobserved can affect the probability or magnitud...
A firm's production function is q = 12 - 1 / (LK (L+K)). The prices of labour, capital and output are 1, 4 and 9 respectively. Find the maximum profit.
The reaction pattern in the oligopoly market is determined by which of the following formula?