Price discrimination will be profitable only if the elasticity of demand in different markets in which the total market has been divided is:

Under which of the following forms of market structure does a firm have no control over the price of its product?

In which form of the market structure is the degree of control over the price of its products by a firm very large?

Which is the first order condition for the profit of a firm to be maximum?

Which of the following is not an essential condition of pure competition ?

In the case of a Giffen good, the demand curve will be:

The consumer is in equilibrium when the following condition is satisfied:

An indifference curve slopes down towards right since more of one commodity and less of another result in:

The consumer is in equilibrium at a point where the budget line :

Total utility is maximum when: