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प्रश्न
Why are selling costs incurred?
उत्तर
Selling costs are incurred to persuade the consumers to buy its product rather than other brands of the product.
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संबंधित प्रश्न
What do you mean by price discrimination?
What is the shape of the demand curve faced by any monopoly firm? Support your answer with a diagram.
Identify the market form for the following:
Telecom industry in India.
Give an example of price discrimination.
Product differentiation is practised in monopolistic competition? Give reasons.
Give two examples of monopolistically competitive market.
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.
Price discrimination
Why an individual firm under perfect competition cannot influence the market price?
