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प्रश्न
What are selling costs?
उत्तर
Selling costs refer to the expenditure incurred by a firm to promote the sale of its product.
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संबंधित प्रश्न
Selling costs are absent in perfect competition market.
Following is the feature of perfect competition:
Marginal revenue of a firm is constant throughout under:
"The price of a product under perfect competition is determined by an individual seller."
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.
The market structure which is characterised by a single producer of a commodity and when there are not close substitutes for that commodity:
Read the following statements carefully and choose the correct alternative:
Assertion (A): Buyers are ready to pay different prices for the product produced by different firms under perfect competition.
Reason (R): The products offered for sale in the perfect market are homogeneous.
What is meant by oligopoly?
Give an example of oligopoly.
What is meant by product differentiation?
Highlight the importance of selling costs in a monopolistically compatible market.
Identify the market form for the item given below:
A single buyer
Give an example of monopoly.
Give an example of price discrimination.
Explain any four features of perfect competition.
Which type of market structure is the following? Give reason.
Jeans
Which type of market structure is the following? Give reason.
Lipstick
To which market is price discrimination relevant?
There is inverse relation between price and demand for the product of a firm under ______.
