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प्रश्न
Identify the market form for the following:
Perfectly elastic demand.
उत्तर
The market form associated with perfectly elastic demand is perfect competition.
संबंधित प्रश्न
What do you mean by price discrimination?
Following is the feature of perfect competition:
'Homogeneous products' is a characteristic of ______.
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
Pick the option which does not belong to the group.
Products sold by each firm in a perfectly competitive market are perfect substitutes of each other.
A holiday resort in a remote village is very popular among the tourists. Since the connectivity is very poor with the outer world, the owner employs the local villagers for the functioning of the resort.
This is a case of:
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.
Give three points of difference between perfect competition and monopoly.
Give an example of monopsony.
Give two characteristics of perfect competition.
Identify the market form of the following:
Market for toilet soaps in India.
State the market form of the following commodity.
Fighter Aircrafts
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Which type of market structure is the following? Give reason.
Lipstick
Product differentiation is practised in monopolistic competition? Give reasons.
Give two examples of monopolistically competitive market.
To which market form are homogeneous products relevant?
In what respects does oligopoly differ from monopoly?
