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प्रश्न
In what respects does oligopoly differ from monopoly?
उत्तर
| S. No. | Basis | Oligopoly | Monopoly |
| 1. | No. of sellers | There are few large sellers producing a commodity. | There is only a single seller in the market. |
| 2. | Entry of new firms | Entry of new firms is difficult. | Entry of new firms is restricted. |
| 3. | Demand curve | Demand curve is indeterminate. | Demand curve faced by a monopoly firm is less elastic. |
संबंधित प्रश्न
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 ______.
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This is a case of:
What is meant by pure competition?
There are no substitute goods in a monopoly market. Give a reason to support your answer.
What is meant by oligopoly?
Give an example of oligopoly.
In which form of market is the seller a price taker? Justify your answer.
Identify the market form of the following:
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Identify the market form for the following:
Perfectly elastic demand.
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Give an example of monopoly.
Give an example of price discrimination.
Which type of market structure is the following? Give reason.
Trucks
Product differentiation is practised in monopolistic competition? Give reasons.
To which market form are homogeneous products relevant?
What is the difference between perfect and imperfect oligopoly?
What is the difference between collusive and non-collusive oligopoly?
Identify the market form from the following.
Price discrimination
There are a large number of buyers and sellers under a ______ market.
