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प्रश्न
Give an example of monopsony.
उत्तर
An example of monopsony:
Tata Motors may be a single buyer of some truck components from several firms set up exclusively to supply these components to Tata Motors.
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संबंधित प्रश्न
What do you mean by price discrimination?
'Homogeneous products' is a characteristic of ______.
Pick the option which does not belong to the group.
Which of the following market types has the fewest number of firms?
Read the following statements carefully and choose the correct alternative:
Assertion (A): Price discrimination is possible under monopoly.
Reason (R): A monopolist can charge different prices in different markets because different sets of consumers - rich and poor - have different price elasticity of demand for the monopolist's product.
What is perfect competition?
Give an example of oligopoly.
Why is there no need for selling cost under perfect competition?
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Name the characteristic which makes monopolistic competition different from perfect competition.
