Advertisements
Advertisements
प्रश्न
Name the market which has characteristics both of monopoly and perfect competition.
उत्तर
Monopolistic competition has the characteristics both of monopoly and perfect competition. It has features of both monopoly and competition.
संबंधित प्रश्न
“While shopping for fruits in the local market you see many seller selling fruits”. In this context answer the following:
- What is the type of market referred to?
- State and draw the type of demand curve faced by the market above.
- Differentiate between the market indicated above and monopoly on the basis of:
- No. of sellers
- Market price
- Entry and exit of firms in the market
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 |
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
Imperfect knowledge is a characteristic feature of:
Which one of the following is NOT found in a perfectly competition market?
Mention two features of monopoly.
Give two characteristics of perfect competition.
In which form of market is the seller a price taker? Justify your answer.
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
Identify the market form of the following:
Market for toilet soaps in India.
Identify the market form for the following:
Telecom industry in India.
State the market form of the following commodity.
Automobiles
Name the market in which there is a single buyer and many sellers.
Give an example of price discrimination.
With the help of an example explain the meaning of price discrimination.
To which market form are homogeneous products relevant?
What is meant by the term 'price taker'?
In what respects does oligopoly differ from monopoly?
There is inverse relation between price and demand for the product of a firm under ______.
