A.firms are small relative to the total market B.no firm has any market power C.there is easy entry and exit in the market D.few firms have market power E.there is no easy entry and exit in the market Choose the most appropriate answer from the options given below:

A.The consumer’s purchasing power will increase B.The consumer’s total utility will increase C.The consumer’s money income will increase Choose the most appropriate answer from the options given below:

A.The firm must be a pure monopoly B.The firm must possess market power C.It must be difficult for consumers in one market to sell to consumers in the other market Choose the most appropriate answer from the options given below:

Reason R: Equilibrium, is the condition, once determined tends to persists in time. Choose the right options:

List I List II (Market Forms) (Distinctive featured) A. Perfect competition i. Price rigidity B. Monopoly ii. Product improvement C. Monopolistic competition iii. Homogeneous products D. Oligopoly iv. Price discrimination Choose the correct answer from the options given below:

(A) Homogeneous products (B) Differentiated products (C) Necessities (D) Durable Goods Choose the correct answer from the options given below :