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Identify the market form from the following. Perfect knowledge - Economic Applications

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प्रश्न

Identify the market form from the following.

Perfect knowledge

एक पंक्ति में उत्तर

उत्तर

Perfect competition

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Forms of Market Structure
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Nature and Structure of Markets - QUESTION BANK [पृष्ठ १४३]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 5 Nature and Structure of Markets
QUESTION BANK | Q 37. (iv) | पृष्ठ १४३
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 5 Meaning and Types of Markets
QUESTION BANK | Q 41. (iv) | पृष्ठ १२१

संबंधित प्रश्न

Discuss any two features of a monopolistically competitive market.


Which two forms of market earn normal profit in the long run?


When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.


Following is the feature of perfect competition:


Differentiated products is a characteristic of ______.


Indian Railways is an example of ______.


There is no difference between perfect competition and pure competition.


A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.


Products sold by each firm in a perfectly competitive market are perfect substitutes of each other. 


Match the following:

Column I Column II
A. Demand curve under perfect competition (i) Indeterminate demand curve
B. Demand curve under monopoly (ii) Downward sloping but less elastic
C. Demand curve under monopolistic competition (iii) Horizontal straight line
D. Demand curve under oligopoly (iv) Elastic demand curve

What is meant by pure competition?


Identify the market form of the following:

Market for toilet soaps in India.


State the market form of the following commodity.

Shampoos


Explain any four features of perfect competition.


Which type of market structure is the following? Give reason.

Ball-pen


Give two examples of monopolistically competitive market.


What is meant by the term 'price taker'?


There is inverse relation between price and demand for the product of a firm under ______.


Mention one feature of a monopoly market.


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