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A Lerner Index of 0 indicates perfect competition, where the price equals marginal cost, and firms have no market power to mark up prices above its cost. Formula of Learner index is à L= ((P-MC)/P) = 1/e, where e is the price elasticity of demand.
Directions: In each of the following sentences, a blank is given. Choose the most appropriate option from the provided choices to fill in the blank an...
The _________ abused its power by overregulating price.
Given below is a sentence with one blank, following which are given four options to choose, to fill the blank. Choose the correct option that can fill ...
Choose the correct option to complete the sentence.
I saw ... very bright star in ....... sky .....few nights ago.
(A) The lack of transparency has led to a growing __________ among the employees.
(B) The ____________ between the two countries has been increas...
Which of the following options is most suitable for blank 3?
Fill in the blanks with appropriate prepositions from among the choices given below them:
I found myself seated ____ two illustrious ladies at...
I think my friend had a ___________,that I had __________ in search of a hidden __________.
The archaeologist's discovery of the ancient artifact was a _________ moment in the field of history.
In the following questions, each sentence has two blanks. Choose the appropriate set of words for the blanks that best fits in the context of the sente...
