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प्रश्न
Give an example of price discrimination.
उत्तर
Example: Indian Railways charge lower fares from senior citizens of the country as compared to other citizens.
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संबंधित प्रश्न
In monopolistic competition, there are ______.
Indian Oil Corporation Limited is an example of a/an ______.
Identify the market form for seller A on the basis of the following information:
| Units of output sold | Price offered by seller A in ₹ |
| 30 | 10 |
| 40 | 10 |
| 50 | 10 |
The market structure which is characterised by a single producer of a commodity and when there are not close substitutes for that commodity:
Mention two features of monopoly.
Producers in a monopoly are price makers. Briefly explain.
There are no substitute goods in a monopoly market. Give a reason to support your answer.
What is meant by oligopoly?
Identify the market form for the following:
Textile industry in India.
Monopolistic competition is the perfect blending of monopoly and perfect competition. Explain.
