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प्रश्न
______ refers to a market situation when there is a single buyer of a commodity or service.
उत्तर
Monopsony refers to a market situation when there is a single buyer of a commodity or service.
Explanation:
A monopsony is defined as market control over specified commodities or services. Monopsonies occur when individuals, corporate classifications, or other entities can position themselves as the sole purchasers of a specific item or service.
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संबंधित प्रश्न
The retail market is the market where the retailer sells goods directly to the ______ in small quantities.
Write a word/term/phrase for the following sentence.
Two sellers, selling either a homogeneous product or a differentiated product.
The market for the commodities which are produced in one country and sold in other countries is known as the national market.
In the wholesale market, sellers are known as retailers and buyers are known as wholesalers.
Regulated Market operates according to forces of demand and supply.
Find the odd one.
Correct the underlined word and rewrite the following sentence.
In a duopoly, there is a single seller.
Arrange in proper order
Local market, International market, National market.
Explain types of the market on the basis of the area covered.
Explain types of the market on the basis of time.
Give classification of the market in detail on the basis of 'Volume of Transaction'
Give classification of the market on the basis of 'Time'
Explain different types of markets in detail.
______ market is for commodities that are produced in one country and sold in another country.
Unregulated market operates according to forces of demand and supply.
Market can be classified on the basis of importance and area covered.
Explain the following term/concept in detail:
Duopoly
