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प्रश्न
What is meant by oligopoly?
Define oligopoly.
उत्तर
An oligopoly is a market structure in which there are only a few big sellers.
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संबंधित प्रश्न
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
In which type of market price discrimination is practiced? Explain with an example.
'Homogeneous products' is a characteristic of ______.
Observe the relationship of the first pair of words and complete the second pair.
Single seller in the market : Monopoly
Single buyer in the market : ______
Which among the following is a feature of monopsony market?
Read the given statements carefully and select the correct option.
- The number of sellers under oligopoly are small.
- In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.
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State the advantage of monopolistic competition over monopoly.
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Identify the market form of the following:
Goods sold are homogeneous.
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Which type of market structure is the following? Give reason.
Ball-pen
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What do you mean by homogeneous products?
What is meant by barriers to entry?
Identify the market form from the following.
Firm is a price maker.
Identify the market form from the following:
A few large sellers
What is a price making firm?
