Practice Test 82
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Which among the following is the drawback of consumer surplus (as explained in marginal utility analysis)?

The ‘Diamond Water’ controversy is explained by –

Full capacity is utilized only when there is –

If the income elasticity is greater than one the commodity is –

Price discrimination is not possible in the case of

Period in which supply cannot be increased is called –

Price leadership is a form of –

The upper portion of the kinked demand curve is relatively –

In case of monopoly a firm in the short run can have –

In the case of monopoly:

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GENERAL ECONOMICS
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