Reference no: EM13796416
TRUE OR FALSE QUIZ
1. Monopoly Price is the same level where MR meets MC.
2. Monopoly Demand is the Average Revenue.
3. Airline Ticket is the Peak-Load Pricing.
4. Electricity is the Intertemporal Pricing.
5. Amusement Park fees are the Two-Parts Tariffs.
6. Oligopoly Price is the same level where MR and MC meet.
7. Oligopoly Quantity is the same level where MR and MC meet.
8. Reaction Curve is the producer's production reaction to consumption.
9. Dominant Strategy Game is a game where one side considers other side.
10. Monopolistic Competition is where few sellers compete with same output.
11. Demand for labor is a Derived Demand.
12. As Bond Price increases, Bond Yield increases.
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