Question : Select the option that expresses the given sentence in active voice.

When will the results of the dance competition be announced?

Option 1: When will they are announcing the results of the dance competition?

Option 2: When will they announce the results of the dance competition?

Option 3: When they will announce the results of the dance competition?

Option 4: Will they announce the results of the dance competition?

Question : Match the characteristics with their market structure:

(a) Marginal Cost (MC) = Market Price(MR)

(b) The firm will tend to set output to earn maximum profit.

Option 1: (a) Pure competition, and (b) Pure monopoly 

Option 2: (a) Pure monopoly, and  (b) Monopolistic competition  

Option 3: (a) Oligopoly, and (b) Monopolistic competition 

Option 4: (a) Pure competition, and (b) Oligopoly 

Question : The primary difference between cooperation and competition is:  

Option 1:  The level of group interaction  

Option 2: The focus on individual versus group goals  

Option 3: The presence of a leader  

Option 4: The duration of the activity  

Question : A consequence of economic liberalization in India was:  
 

Option 1: Strengthening of labor unions  
 

Option 2: Increased competition in domestic markets  
 

Option 3: Expansion of the public sector  

Option 4: Decrease in foreign direct investment  

Question : Which factor affecting price determination is highlighted in the given statement?
Statement:  It cannot be fixed without considering the nature and the degree of competition.

 

Option 1: Product cost

Option 2: Utility and demand of the product

Option 3: Extent of competition in the market

Option 4: Government and legal regulations