Which of the following is not true in an industry characterized by pure competition? A) There are cases of entry and exist B) There are many buyers and sellers C) The Marginal Revenue curve is horizontal D) A single firm can influence the price Related MCQs: Infra-industry trade occurs when a country? Which of the following is not a factor which enhances an economy’s growth potential? Which of the following would cause demand-pull inflation? Which of the following is a withdrawal from the circular flow of income stream?
