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प्रश्न
Monopoly refers to a market situation when there is a single buyer of a commodity or service.
विकल्प
True
False
उत्तर
This statement is False.
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संबंधित प्रश्न
Write a word/term/phrase for the following sentence.
Type of market where durable commodities that are generally non-perishable in nature are sold.
Write a word/term/phrase for the following sentence.
The market is where goods are sold to the ultimate consumers or the users of the product.
Write a word/term/phrase for the following sentence.
Two sellers, selling either a homogeneous product or a differentiated product.
Regulated Market operates according to forces of demand and supply.
Find the odd one.
Find the odd one.
Answer in one sentence.
What do you mean by 'Local Market'?
Arrange in proper order
Local market, International market, National market.
Justify the following statement.
The market can be classified on the basis of competition.
Give classification of the market in detail on the basis of 'Volume of Transaction'
Give classification of the market on the basis of 'Time'
Explain different types of markets in detail.
Explain the following term/concept in detail.
Monopsony
Justify the following statement.
The market can be classified on the basis of time.
Justify the following statement.
The market can be classified on the basis of volume.
Unregulated market operates according to forces of demand and supply.
Explain the following term/concept in detail:
Duopoly