Which of the statements is correct?

Agricultural goods markets depict characteristics close to:

The kinked demand curve model of oligopoly assumes that:

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

Which is the other name that is given to the long run average cost curve?

A monopolist is able to maximize his profits when:

All of the following are characteristics of a monopoly except

Which of the following is not a condition of perfect competition ?

Which of the following is not a characteristic of a “Price taker”?

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