Page 336 - GMAT 2017b_Neatb

Marketing Test

(B) Perfect competition
(C) Monopolistic competition 99. Which of the following graph shows the demand
(D) None of these curve of monopoly?
(A) (B)
97. In which of the following conditions, the profit is the
largest?
(A) Pure competition Price Price
(B) Perfect competition
(C) Monopolistic competition Quantity Quantity
(D) None of these
(C) (D)
98. The basis of classification of the markets are:
(A) Nature of commodity
(B) Control over price Price Price
(C) Number of sellers and buyers
(D) All of these
Quantity Quantity
100. In situation of zero cost of production, the monopolist
maximises his TR when
(A) MR = 0
(B) MR = 1
(C) MR = 100
(D) MR = µ

1. A 11. C 21. B 31. D 41. C 51. C 61. C 71. A 81. A 91. B

2. D 12. B 22. C 32. B 42. D 52. A 62. B 72. D 82. C 92. C

3. B 13. A 23. B 33. C 43. C 53. C 63. B 73. B 83. B 93. A

4. C 14. D 24. C 34. D 44. A 54. A 64. C 74. A 84. B 94. C

5. B 15. D 25. D 35. B 45. A 55. A 65. D 75. A 85. C 95. B

6. B 16. A 26. B 36. D 46. C 56. C 66. D 76. B 86. D 96. C

7. D 17. C 27. C 37. B 47. A 57. B 67. C 77. A 87. B 97. D
8. B 18. A 28. B 38. C 48. C 58. A 68. C 78. C 88. B 98. D

9. D 19. D 29. A 39. C 49. C 59. B 69. B 79. A 89. A 99. B

10. A 20. A 30. A 40. A 50. D 60. B 70. A 80. D 90. B 100. A

Refer to Page 259 - 262 of Master Job Aptitude

Test Workbook 2014 For detailed Explanation
to the above answer key.

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