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प्रश्न
Identify the market form of the following:
Motor car market in India.
उत्तर
The motor car market in India represents an oligopoly.
संबंधित प्रश्न
Identify the market having a single buyer and many sellers from the following:
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’.
Following is not the feature of perfect competition:
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Perfectly elastic demand | (A) | Oligopoly |
| (ii) | Less elastic demand | (B) | Monopolistic competition |
| (iii) | More elastic demand | (C) | Perfect competition |
| (iv) | Indeterminate demand | (D) | Monopoly |
The seller in a monopoly market is a price maker.
Imperfect knowledge is a characteristic feature of:
Which one of the following is NOT found in a perfectly competition market?
Match the following:
| Column I | Column II | ||
| A. | Monopoly | (i) | Availability of close substitutes |
| B. | Oligopoly | (ii) | Absence of close substitutes |
| C. | Perfect competition | (iii) | Few large sellers |
| D. | Monopolistic competition | (iv) | Homogeneous products |
There are no substitute goods in a monopoly market. Give a reason to support your answer.
What is monopsony?
Give an example of monopsony.
Identify the market form of the following:
Market for toilet soaps in India.
State the market form of the following commodity.
Automobiles
State the market form of the following commodity.
Fighter Aircrafts
Identify the market form for the item given below:
Homogeneous goods
Which type of market structure is the following? Give reason.
Scooters
With the help of an example explain the meaning of price discrimination.
What is meant by barriers to entry?
Identify the market form from the following.
Firm is a price maker.
Why do producers incur high selling costs in an imperfect market?
