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To which market is price discrimination relevant? - Economic Applications

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प्रश्न

To which market is price discrimination relevant?

एक पंक्ति में उत्तर

उत्तर

Price discrimination is most relevant in imperfectly competitive markets, particularly in monopoly markets. 

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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 १३९]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 5 Nature and Structure of Markets
QUESTIONS | Q 10. ii | पृष्ठ १३९
गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 5 Nature and Structure of Markets
QUESTION BANK | Q 20. ii | पृष्ठ १४१
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 5 Meaning and Types of Markets
Exercise | Q 13. (ii) | पृष्ठ ११७
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 5 Meaning and Types of Markets
QUESTION BANK | Q 22. (ii) | पृष्ठ ११८

संबंधित प्रश्न

A monopolist is price maker:


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

Which of the following market types has the fewest number of firms?


Which of the following is the least competitive market?


Match the following:

Column I Column II
A. Monopoly (i) Availability of close substitutes
B. Oligopoly (ii) Absence of close substitutes
C. Perfect competition (iii) Few large sellers
D. Monopolistic competition (iv) Homogeneous products

Mention two features of monopoly.


Producers in a monopoly are price makers. Briefly explain.


Define monopolistic 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:

Motor car market in India.


In which form of market do producers and consumers have perfect knowledge about the market conditions?


Give an example of monopoly.


Explain any four features of perfect competition.


Which type of market structure is the following? Give reason.

Scooters


To which market form are homogeneous products relevant? 


What is the difference between perfect and imperfect oligopoly?


Elaborate the price discrimination feature of monopoly.


There are a large number of buyers and sellers under a ______ market.


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