A profit-maximizing monopolist sets an output of 100 per day and a price of £10. Which of the following statements is true?
Statement a is true. The intersection of SMC and MR is always best, unless it results in a loss that exceeds the firm's total fixed costs, in which case it is better to shut down and produce nothing. To find the price a price-setter must set, we always look at the point on its demand curve at the output it wishes to sell.
Which country did Saudi Arabia appoint its first ambassador to since 2012, as part of efforts to normalize diplomatic relations?
In the TomTom Traffic Index 2023, which city has been ranked as the most congested city in the world?
Who is being appointed as the Chief Coordinator of G20 Summit 2023?
Which of the folloiwng airline ranked number one in on-time performance in November 2022?
Consider the following report with respect to the Global Gender Index been released by the World Economic Forum -
I.India has ranked at 127 out o...
Consider the following statement about Sovereign Gold Bond (SGB) Scheme?
I. Sovereign Gold Bond (SGB) Scheme was launched by Ministry of Fina...
Consider the following statements:
I. Recently the Union Education ministry launched the 6th edition of NIRF.
II. Among the Universities I...
Which of the following Asian countries is not a member of G 20 Organization?
How many people have been selected for Padma bhusan award 2023?
To boost scientific research in priority healthcare research areas, which of the following programs has been launched by the government?