Advertisements
Advertisements
प्रश्न
What do you mean by price discrimination?
What is meant by "price discrimination"?
उत्तर
- When a firm is able to sell the same product or service to two different categories of consumers at different prices then it is known as price discrimination.
- Generally, a Monopoly firm is able to practice price discrimination successfully.
APPEARS IN
संबंधित प्रश्न
Which two forms of market earn normal profit in the long run?
In which type of market price discrimination is practiced? Explain with an example.
“While shopping for fruits in the local market you see many seller selling fruits”. In this context answer the following:
- What is the type of market referred to?
- State and draw the type of demand curve faced by the market above.
- Differentiate between the market indicated above and monopoly on the basis of:
- No. of sellers
- Market price
- Entry and exit of firms in the market
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Imperfect knowledge is a characteristic feature of:
Which of the following market types has the fewest number of firms?
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 are selling costs?
State the market form of the following commodity.
Automobiles
State the market form of the following commodity.
Shampoos
State the market form of the following commodity.
Fighter Aircrafts
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Name the market in which there is a single buyer and many sellers.
Which type of market structure is the following? Give reason.
Soft drinks
To which market form are homogeneous products relevant?
What is meant by the term 'price taker'?
What is meant by barriers to entry?
What is the difference between perfect and imperfect oligopoly?
Mention one feature of a monopoly market.
Why an individual firm under perfect competition cannot influence the market price?
