Business Economics and Business and Commercial Knowledge - May 2025

10 and 20u 20 units, what is the marginal cost cost per unit 2” is S oe : (yt 10 | (B) 20. 69. if (C) 100 “@) '%220

7. Which of the following is not a. condition for Price discrimination ? : A (A) The seller should have price setting power. - (). The seller should be | able to divide his market into two or more sub markets. REE (C) The price elasticity of. the a ae be different in different sub markets. hig (BY It should be possible” for buyers of low-priced market to resell the. > Product to the buyers of high-priced market. .

8. Under second degree price discrimination, differént prices are charged’ fo (A) Each individual consumer (B) Location’ ay (C) Customer segment (Dy Different quantities sold

9. Which of the following is not a feature of the monopoly market if ce : rie: (SF Single buyer of the products (B) Barriers to entry ; (C) No close substitutes (D) Market power 1 st. de a eo 7 G) a>) > * ors CZA \ 7 SRO wv) Ze.)

10. Assume that when price is 30 the quantity demanded is 19 units and when _ price is = 28 the quantity demanded is 20 units, what is the marginal revenue resulting from an increase in output from 19 units to 20 units? (A) 210 : BY -710 wine ancy (C) =20 gead (D) -%20 yor ₹\d

11. The oligopoly market in whi h n ich few firms come to _a common understanding with each other in fixing pric bikers € or output or both is called: (A) Pure Oligopoly \B—-Collusive Oligopoly | (C) Partial Oligopoly _ -(D) Syndicated onear (2)puring the upswing phase of business cycle, the involuntary unemployment is : ‘ ASh © n (A) Highest + . (B) Almost Zero (C) Lowest + (D) Not affected < - | 13. The level of national…