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प्रश्न
Answer the following question.
What is the reason for an indeterminate demand curve under Oligopoly?
उत्तर
The main reasons for the indeterminate price and output under oligopoly may be summarised as follows:
- Different Behaviour patterns: In an oligopoly due to interdependence, a vast variety of behavior patterns becomes possible.
- Indeterminate Demand Curve: Another cause of indeterminateness of price and output in an oligopoly is the indeterminate demand curve.
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संबंधित प्रश्न
The objective of a seller in monopoly market is...............................
(loss \ profit \ negative profit \ zero profit)
Explain the features of monopoly.
There is inverse relation between price and demand for the product of a firm under:
(choose the correct alternative)
(a) Monopoly only
(b) Monopolistic competition only
(c) Both under monopoly and monopolistic competition
(d) Perfect competition only
Explain the implications of the following in an oligopoly market:
Inter- dependence between firms
What is price-maker firm?
Define or Explain the following concepts
Monopoly
Answer the following question :
What are the features of monopolistic competition ?
Fill in the blank with proper alternatives given in the bracket:
Under monopoly there is existence of ______________ .
Define or Explain :
Average revenue.
Distinguish between :
Output method and Expenditure method.
State with reasons, whether you Agree or Disagree with the following statements.
Perfect competition is an imaginary concept.
Answer the following question
What are the features of Perfect Competition?
Define or explain the following concept:
Selling cost
Give reason or explain:
Price discrimination is possible under monopoly.
Give reason or explain:
Selling cost is incurred by a firm in Monopolistic competition.
Fill in the blank with appropriate alternative given below
_____________ appears in a monopoly market.
Distinguish between perfect competition and monopolistic competition on the basis of the following:
(a) Number of sellers
(b) Nature of product
(c) Selling cost
