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प्रश्न
What can you say about the number of buyers and sellers under monopolistic competition?
उत्तर
In a monopolistic market, there exists large number of buyers and sellers.
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संबंधित प्रश्न
The objective of a seller in monopoly market is...............................
(loss \ profit \ negative profit \ zero profit)
There is inverse relation between price and demand for the product of a firm under:
(choose the correct alternative)
(a) Monopoly only
(b) Monopolistic competition only
(c) Both under monopoly and monopolistic competition
(d) Perfect competition only
Explain the implications of the following in a perfectly competitive market:
Large number of buyers
Explain the implications of the following in a perfectly competitive market :
Large number of sellers
What is meant by collusive oligopoly?
Define or Explain the following concepts
Monopoly
Answer the following question :
What are the features of monopolistic competition ?
Give reason or explain the following.
Price discrimination is possbile under monopoly.
State whether the following statement is true or false.
There is no product differentiation under monopolistic competition.
Distinguish between Any FOUR of the following :
Consumption expenditure and Investment expenditure.
Answer in detail
What is Perfect Competition? Explain price determination under Perfect Competition.
Distinguish between the following:
Natural monopoly and legal monopoly
Define or explain the following concept:
Selling cost
Give reason or explain:
Single price prevails in perfect competition.
State whether the following statement is TRUE and FALSE.
There is no price discrimination under Monopolistic competition.
State whether the following statement is TRUE and FALSE.
In a monopoly market, firm and industry are the same.
Fill in the blank with appropriate alternative given below
Monopolist means __________ competitive.
Answer the following question.
What is the reason for an indeterminate demand curve under Oligopoly?
Distinguish between perfect competition and monopolistic competition on the basis of the following:
(a) Number of sellers
(b) Nature of product
(c) Selling cost