Question
In monopolistic competition, long-run equilibrium occurs
where price is:Solution
Firms have some market power (P > MC due to product differentiation) but free entry/exit drives economic profit to zero, so P = ATC.
What does the term "Instrumental Conditioning" refer to?
Which scheme supported the development of the "Rangeen Machhli" app?
The Punjab Agricultural University (PAU) has developed a new variety of wheat to keep obesity and diabetes in check. The variety is
In pomegranate fruit cracking is due to deficiency of ____________.
Which is the following is not a Quality of “4- stroke engine”?
Most critical stage of irrigation in wheat crop is:
On which item was more than 60% of agricultural taxes spent in 15th century India?
Government of India announce MSP on the recommendation of
Which layer of the atmosphere is responsible for most of the Earth's weather patterns?
MSP of Lentil of Rabi Marketing Season(2020-21)