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प्रश्न
Identify the market form from the following.
Firm is a price maker.
उत्तर
Monopoly
संबंधित प्रश्न
Discuss any two features of a monopolistically competitive market.
The image above shows a departmental store of a market structure.
- Identify the form of market as observed from the above image.
- Discuss the features of this market form with respect to:
- Type of product
- Entry and exit of firms
- Selling cost
Justify the following statement with any two valid arguments. 'In a perfect competition market structure, an individual firm does not have any role in determining price’.
Selling costs are absent in perfect competition market.
Following is not the feature of perfect competition:
Differentiated products is a characteristic of ______.
'A few big sellers' is a characteristic of ______.
Pick the option which does not belong to the group.
What is perfect competition?
What is meant by oligopoly?
Give an example of oligopoly.
State two important characteristics of monopoly.
State the advantage of monopolistic competition over monopoly.
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
State the market form of the following commodity.
Fighter Aircrafts
Name the market which has characteristics both of monopoly and perfect competition.
Elaborate the price discrimination feature of monopoly.
Name the characteristic which makes monopolistic competition different from perfect competition.
