Business Economics Online MCQ Set 9

QN01. The no. of firms under oligopoly is 1 2 many few Answer(D)few QN02. Growth curve approach is used for forecasting demand of ______________ products New Old Existing Both old and existing. Answer(A)New QN03. A positive income elasticity may be Unit income elasticity Income elasticity greater than unity Income elasticity less than unity Any of…

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