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Bangladeshi Monopoly Firms Quiz

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Questions and Answers

Which company is considered a monopoly firm in Bangladesh?

Bangladesh railway
DESCO (Dhaka Electric Supply Company Limited) (correct)
Titas Gas Transmission and Distribution Company
WASA

Which utility company operates as a monopoly firm in Bangladesh?

Titas Gas Transmission and Distribution Company
Palli Bidyut Samity (Rural Electrification Board)
DESCO (Dhaka Electric Supply Company Limited) (correct)
Bangladesh Power Development Board

Which organization functions as a monopoly firm in the energy sector in Bangladesh?

Rural Electrification Board (REB)
Bangladesh railway
DESCO (Dhaka Electric Supply Company Limited) (correct)
WASA

What does economics study?

How people make choices (B) Signup and view all the answers

Which of the following is considered a resource in economics?

Entrepreneurship (C) Signup and view all the answers

What is the role of economics in resolving the contradiction between unlimited wants and finite resources?

Playing a vital role (D) Signup and view all the answers

What is the significance of goods in economics?

They provide satisfaction (D) Signup and view all the answers

Which category do economists divide resources into?

Land, labor, capital, entrepreneurship (B) Signup and view all the answers

Study Notes

Monopoly Firm in Bangladesh

Titas Gas Transmission and Distribution Company Limited is considered a monopoly firm in Bangladesh.

Utility Company Operating as Monopoly

Dhaka Power Distribution Company Limited (DPDC) operates as a monopoly firm in Bangladesh.

Organization in the Energy Sector

Bangladesh Power Development Board (BPDB) functions as a monopoly firm in the energy sector in Bangladesh.

Scope of Economics

Economics studies human behavior and decision-making as it relates to the allocation of scarce resources to meet unlimited wants.

Resources in Economics

Land, labor, capital, and entrepreneurship are considered resources in economics.

Role of Economics

The role of economics is to resolve the contradiction between unlimited wants and finite resources by allocating resources in the most efficient way possible.

Significance of Goods

Goods are significant in economics because they satisfy human wants.

Categorization of Resources

Economists divide resources into four categories: natural resources, human resources, capital resources, and entrepreneurial resources.

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Description

Test your knowledge of monopoly firms in Bangladesh with this quiz. Identify the monopoly firm from the options provided and see how well you know the key players in the Bangladeshi market.