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प्रश्न
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
विकल्प
Real differentiation
Price differentiation
Artificial differentiation
Quality differentiation
उत्तर
When products are differentiated on the basis of advertisements, brand names etc., it is called as Artificial differentiation.
Explanation:
Artificial differentiation is the fabrication of perceived distinctions between items in the same market or category using marketing strategies including branding, promotion, and packaging.
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संबंधित प्रश्न
Differentiated products is a characteristic of ______.
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 |
Match the following:
| Column I | Column II | ||
| A. | Demand curve under perfect competition | (i) | Indeterminate demand curve |
| B. | Demand curve under monopoly | (ii) | Downward sloping but less elastic |
| C. | Demand curve under monopolistic competition | (iii) | Horizontal straight line |
| D. | Demand curve under oligopoly | (iv) | Elastic demand curve |
Mention two features of monopoly.
Why is there no need for selling cost under perfect competition?
Discuss any four differences between monopoly and monopolistic competition.
Which type of market structure is the following? Give reason.
Scooters
Why can a monopolist charge different prices in different markets?
What is the effect on price when a perfectly competitive firm tries to sell more?
What is a price making firm?
