market structures Questions

Which among the following organisations is the best example of an agreement between oligopolists?

If for a perfectly competitive firm, price is Rs. 60, output is 300 units, average variable costs are Rs. 18, and average total costs are Rs. 36. The firm's profits are equal to ______.

Match the characteristics with their market structure:
(a) Price > MC in both short and long run
(b) Faces highly elastic demand

Match the characteristics with their market structure:
(a) A single, homogeneous product with no close substitutes
(b) Few sellers with interdependent pricing and quantity decision