UGC–NET/JRF Examination, 2012
Economics (Paper–III) Solved Paper
(Held in December 2012)
1. A demand curve, which is parallel to the horizontal axis, showing quantity, has the price elasticity equal to–
(A) Zero (B) Infinity
(C) Less than one (D) One
Ans : (B)
2. Although a monopolist can charge any price he likes, but does not charge a higher price than his equilibrium price because–
(A)