Top 50+ Solved Industrial Economics MCQ Questions Answer
Q. Who were the pioneers in the field of SCPP (Structure-Conduct-Performance Paradigm)?
a. mason and j s bain
b. lucas and arrow
c. friedman and barro
d. smith and mill
Q. What is referred to the degree of concentration within the industry?
a. market structure
b. market paradigm
c. market concentration
d. monopoly power
Q. Most commonly used indicator of concentration is
a. gini coefficient
b. coefficient of variation
c. standard deviation
d. quartile deviation
Q. Which indicator is the sum of square of ratio of firm size to industry size?
a. laspeyers index
b. paasches index
c. fishers index
d. herfindahl index
Q. Less elastic the demand for monopolist’s product, the degree of monopoly power would be …….,
a. more
b. less
c. same
d. zero
Q. Whose index of monopoly power is given as p – mc/p?
a. lerner’s index
b. paasche’s index
c. fisher’s index
d. herfindahl index
Q. Which of the factor does not determine the elasticity of a firm’s product?
a. elasticity of market demand
b. number of firm
c. nature of interaction
d. transaction cost
Q. The size of larger industry’s share in total industry sales is known as: School of Distance EducationIndustrial Economics Page 2
a. gini coefficient
b. concentration ratio
c. standard deviation
d. quartile deviation
Q. Backward integration is a form of ………
a. vertical integration
b. horizontal integration
c. forward integration
d. none of these
Q. An agreement that unites two existing companies into one is known as …..
a. merger
b. oligopoly
c. duopoly
d. competition
Q. What is known as the technique of discovering the optimal placement for an industry?
a. industry analysis
b. optimal analysis
c. location analysis
d. none of these
Q. Which of these is a non-geographical factor influencing an industry’s location?
a. raw material
b. power
c. transport
d. capital
Q. Industrial inertia is an example of
a. geographical factor
b. non-geographical factor
c. natural factor
d. none of these