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प्रश्न
Average revenue and Price are always equal under:(choose the correct alternative)
(a) Perfect competition only
b) Monopolistic competition only
(c) Monopoly only
(d) All market forms
उत्तर
All market forms
Average revenue (AR) and price always equal under all market forms. As we know that AR is equal to per unit sale receipts and price is always per unit. This is because the sellers receive revenue according to price.
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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.
Explain the implications of the following : Product differentiation in monopolistic competition.
Explain the implications of the following in a perfectly competitive market:
Freedom of entry and exit to firms
In monopolistic completion, goods have no close substitutes.
Explain the significance of the feature 'product differentiation' in monopolistic competition.
What can you say about the number of buyers and sellers under monopolistic competition?
Give reason or explain the following.
Price discrimination is possbile under monopoly.
Fill in the blank with proper alternatives given in the bracket:
Under monopoly there is existence of ______________ .
Answer the following question
What are the features of Perfect Competition?
Answer the following question
What are the features of monopoly?
State with reason whether you agree or disagree with the following statement
A seller is price maker in monopoly.
Answer in detail
What is monopoly? Explain in detail the features of monopoly?
Distinguish between the following:
Perfect competition and Monopolistic competition
Distinguish between the following:
Natural monopoly and Social monopoly
Give reason or explain:
Single price prevails in perfect competition.
Give reason or explain:
A monopolist can control the supply of goods.
State whether the following statement is TRUE and FALSE.
There is no price discrimination under Monopolistic competition.
Fill in the blank with appropriate alternative given below
In ________ market, seller creates products differentiation.
Answer the following question.
What is the reason for an indeterminate demand curve under Oligopoly?
