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State the market form of the following commodity. Fighter Aircrafts - Economic Applications

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प्रश्न

State the market form of the following commodity.

Fighter Aircrafts

एक पंक्ति में उत्तर

उत्तर

The market form for fighter aircrafts is monopsony.

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Forms of Market Structure
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Nature and Structure of Markets - QUESTIONS [पृष्ठ १३८]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 5 Nature and Structure of Markets
QUESTIONS | Q 22. (iv) | पृष्ठ १३८
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 5 Meaning and Types of Markets
Exercise | Q 21. (iv) | पृष्ठ ११६

संबंधित प्रश्न

In which type of market price discrimination is practiced? Explain with an example.


The image above shows a departmental store of a market structure.

  1. Identify the form of market as observed from the above image.
  2. Discuss the features of this market form with respect to:
    1. Type of product
    2. Entry and exit of firms
    3. Selling cost

Explain three features of Perfect competitive market.


What is the shape of the demand curve faced by any monopoly firm? Support your answer with a diagram.


Following is the feature of perfect competition:


In monopolistic competition, there are ______.


There is no difference between perfect competition and pure competition.


The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.


Read the given statements carefully and select the correct option.

  1. The number of sellers under oligopoly are small.
  2. In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.

Which of the following is the least competitive market?


What is perfect competition?


What is meant by pure competition?


Give an example of monopsony.


To which market is product differentiation relevant?


Highlight the importance of selling costs in a monopolistically compatible market. 


State the market form of the following commodity.

Shampoos


Discuss any four differences between monopoly and monopolistic competition.


With the help of an example explain the meaning of price discrimination. 


Identify the market form from the following.

Firm is a price maker. 


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