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Questions › Microeconomics › Monopolistic competition and oligopoly

Monopolistic competition and oligopoly: previous year questions

Asked 4 times in 2 exams across 2 years. Newest first.

Practise Monopolistic competition and oligopoly, easy to hard →

  1. GATE 2023 Q58A duopoly faces the inverse market demand function p=120-Q, where p is the unit price (in Rs.) of the good being sold by firms A and B, and Q is the…
  2. GATE 2021 Q8Consider a duopoly market in which the market demand function is as follows: P=40-Q. For the two firms producing with identical marginal costs of…
  3. GATE 2021 Q25Consider a Cournot type n -firm natural spring oligopoly where the market demand for natural spring water is given by P(Q)=a-Q, a>0. The n firms are…
  4. IIT JAM 2021 Q32Two firms with cost Cᵢ(qᵢ) = 10qᵢ compete in prices for a homogeneous good. Firm i faces demand 100 - pᵢ if pᵢ < pⱼ, 0 if pᵢ > pⱼ, and (100 - pᵢ)/2…