Question : Which one of the following is not a feature of monopoly?
Option 1: Single seller of the product
Option 2: Heavy selling cost
Option 3: Barriers to entry of new firms
Option 4: Price discrimination
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Correct Answer: Heavy selling cost
Solution : The correct option is Heavy selling cost .
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Question : If the selling price of 9 boxes is equal to the cost price of 15 boxes. The gain percentage is (The selling price of all boxes is the same and the cost price of all boxes is the same):
Question : The selling price of an article is four times of its cost price. If the selling price is reduced by INR 300, then the profit becomes 250%. What is the cost price of the article?
Question : If the cost price is 95% of the selling price, what is the profit percentage?
Question : The ratio of the cost price and the selling price is 5 : 3. What is the loss percentage?
Question : If the cost price is 40% of the selling price, then what is the profit percent?
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