Question bank

1) Types of Market
2) Distinguish between perfect competition and monopoly
3) Features of perfect competition
4) Behavior of price TR, AR, MR
5) Long – run supply curve of a competitive firm
6) Short run equilibrium of a Firm (With Assumption) – Excess profit
7) Long – run equilibrium of a firm (With Diagram)
8) Normal profit – perfect competition
9) Loss – perfect competition
10) Features and sources of monopoly competition
11) Excess profit – Monopoly
12) Loss – monopoly
13) Role of advertisement advantages and disadvantages
14) Distinguish between monopoly and monopolistic competition
15) Distinguish between monopolistic and perfect competition
16) Features of oligopoly
17) Cartel system in oligopoly
18) Importance of capital budgeting
19) Steps of capital budgeting

Shorts notes
1) Dumping
2) Quota
3) Perfect competition
4) Oligopoly
5) Non price competition
6) Capital budget