Theory of consumer behaviour — Economics STD 11 Commerce — Question

Under which market form, firm is a price taker?
OR
In which market form, a firm cannot influence the price of the product?

OR
When is a firm called price taker?

What does a rightward shift of production possibility curve indicate?

If the firm in the toothpaste industry have the following market shares, which market structure would best describe the industry?

S. No	Market Share	(% of market)
1.	Toothpaste	18.7
2.	Dentipaste	14.3
3.	Shinibright	11.6
4.	I can't believe its not toothpaste	9.4
5.	Brighter than white	8.8
6.	Pastystuff	7.4
7.	Others	29.8

If the price of a substitute(Y) of good X increases, what impact does it have on the equilibrium price and quantity of good X?

Due to rise in price of commodity x the demand of commodity y falls. What type of commodity are they?

Justify the statement 'TP increases only when MP increases'.

What is meant by MU of one rupee?

What will happen to equilibrium price, when demand is perfectly elastic and supply increases?

Define Marginal Revenue.

What is meant by price floor?