Student
27 Points
Joined January 2012
my question paper had code B;
1) selling expenses are incurred in perfect competition or monopolistic competition?
2) price output equilibrium uses a) both mr&mc or b) just mc. mr=mc for eqb so 'a' should be correct right?
3) industrial reforms 1991 took place bcoa: a) world bank recommended b) existing govt policies were not efficient c) low foreign exchange reserves d) none. 'c' is also correct but doesnt 'b' sum up the entire purpose of implementing the reforms??
i havent been able to remember the questions and options exactly but hopefully they are correct..