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Perfect Competition MCQs for MBA Test 3

MBA quiz 3 to learn perfect competition test & MCQs. Practice MCQs to test knowledge on perfect competition, brand identification, marketing effectiveness, demographic, demand,.

This study guide includes multiple choice questions (MCQ) as if an authoritarian agency follows a rule of normal cost pricing, then an ordinary monopolist will, answer key with choices as be forced to shut down., produce more than it would if it were unregulated., earn economic profit greater than zero. and earn more profit that it would if it were unregulated. to test study skills. For e-learning, study online perfect competition multiple choice questions to practice MCQ based quiz questions and answers.

Perfect Competition Quiz Worksheet 3 Quiz pdf Download

Perfect Competition Quiz

MCQ. If an authoritarian agency follows a rule of normal cost pricing, then an ordinary monopolist will

  1. be forced to shut down.
  2. produce more than it would if it were unregulated.
  3. earn economic profit greater than zero.
  4. earn more profit that it would if it were unregulated.

B

Brand Identification Quiz

MCQ. NOT single of five phases of buyer choice procedure is

  1. purchase decision
  2. need recognition
  3. brand identification
  4. information search

C

Marketing Effectiveness Quiz

MCQ. Idea of advertising efficiency initial come to prominence in the

  1. 1991
  2. 1990
  3. 1997
  4. 1995

B

Demographic Quiz

MCQ. Features of a workforce, like age, gender or societal group is

  1. diversity
  2. demographics
  3. skills
  4. selection

B

Demand Quiz

MCQ. In short run, balance will be affected by

  1. price
  2. demand
  3. supply
  4. cost

B

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