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प्रश्न
Match the following and select the correct option:
Column I | Column II | ||
(i) | Perfect competition | (A) | Differentiated Products |
(ii) | Monopoly | (B) | Few large firms |
(iii) | Monopolistic Competition | (C) | Single seller |
(iv) | Oligopoly | (D) | Homogeneous products |
विकल्प
(i) C, (ii) D, (iii) A, (iv) B
(i) D, (ii) C, (iii) B, (iv) A
(i) D, (ii) C, (iii) A, (iv) B
(i) C, (ii) D, (iii) B, (iv) A
उत्तर
(i) D, (ii) C, (iii) A, (iv) B
Explanation:
Column I | Column II | ||
(i) | Perfect competition | (D) | Homogeneous products |
(ii) | Monopoly | (C) | Single seller |
(iii) | Monopolistic Competition | (A) | Differentiated Products |
(iv) | Oligopoly | (B) | Few large firms |
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संबंधित प्रश्न
Discuss any two features of a monopolistically competitive market.
What is the shape of the demand curve faced by any monopoly firm? Support your answer with a diagram.
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
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- Monopolistically competitive markets have high selling costs.
- Monopolistically competitive markets sell homogeneous goods.
- Any firm can start a business in a monopolistically competitive market.
Give an example of oligopoly.
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Give two examples of monopolistically competitive market.
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.
Firm is a price maker.