MCQ
Perishable goods are ………………………..
- ALong Term Lived
- ✓Short Term Lived
- CMedium Term Lived
- DLonger Life Time Lived
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| (a) | Adam Smith | (1) | Nature and significance of economic science |
| (b) | Alfred Marshall | (2) | Net economic welfare |
| (c) | Robbins | (3) | Principles of Economics |
| (d) | Samuelson | (4) | Wealth of nations |
| a) | Monopsony | Single seller | |
| b) | Oligopoly | Group behaviour | |
| c) | Perfect competition | Transport cost | |
| d) | Monopolistic competition | Price discrimination | |