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प्रश्न
Read the given statements carefully and select the correct option.
- The number of sellers under oligopoly are small.
- In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.
विकल्प
Both the number of sellers under oligopoly are small and in monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions are true.
Both the number of sellers under oligopoly are small and in monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions are false.
The number of sellers under oligopoly are small is true, in monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions is false.
The number of sellers under oligopoly are small is false, in monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions is true.
उत्तर
The number of sellers under oligopoly are small is true, in monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions is false.
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संबंधित प्रश्न
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
Which of the following statements are true?
- 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 monopsony.
Give two characteristics of perfect competition.
To which market is product differentiation relevant?
State the advantage of monopolistic competition over monopoly.
Identify the market form of the following:
Market for toilet soaps in India.
Identify the market form for the following:
Textile industry in India.
State the market form of the following commodity.
Shampoos
With the help of an example explain the meaning of price discrimination.