Advertisements
Advertisements
प्रश्न
Identify the market form from the following:
A few large sellers
उत्तर
Oligopoly
संबंधित प्रश्न
Explain three features of Perfect competitive market.
Selling costs are absent in perfect competition market.
“While shopping for fruits in the local market you see many seller selling fruits”. In this context answer the following:
- What is the type of market referred to?
- State and draw the type of demand curve faced by the market above.
- Differentiate between the market indicated above and monopoly on the basis of:
- No. of sellers
- Market price
- Entry and exit of firms in the market
Indian Oil Corporation Limited is an example of a/an ______.
The market structure which is characterised by a single producer of a commodity and when there are not close substitutes for that commodity:
There are no substitute goods in a monopoly market. Give a reason to support your answer.
What is meant by oligopoly?
Give two characteristics of perfect competition.
State the advantage of monopolistic competition over monopoly.
Why is there no need for selling cost under perfect competition?
Identify the market form of the following:
Goods sold are homogeneous.
State the market form of the following commodity.
Fighter Aircrafts
Identify the market form for the item given below:
A single seller
Identify the market form for the item given below:
Homogeneous goods
Explain any four features of perfect competition.
Which type of market structure is the following? Give reason.
Lipstick
To which market form are homogeneous products relevant?
What is the effect on price when a perfectly competitive firm tries to sell more?
Identify the market form from the following.
Firm is a price maker.
What is a price making firm?
