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प्रश्न
Give an example of oligopoly.
उत्तर
An example of an oligopoly is the car market.
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संबंधित प्रश्न
Identify the market having a single buyer and many sellers from the following:
What is the shape of the demand curve faced by any monopoly firm? Support your answer with a diagram.
“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
Following is not the feature of perfect competition:
Differentiated products is a characteristic of ______.
'A few big sellers' is a characteristic of ______.
A seller cannot influence the market price under:
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Perfectly elastic demand | (A) | Oligopoly |
| (ii) | Less elastic demand | (B) | Monopolistic competition |
| (iii) | More elastic demand | (C) | Perfect competition |
| (iv) | Indeterminate demand | (D) | Monopoly |
The seller in a monopoly market is a price maker.
Which one of the following is NOT found in a perfectly competition market?
Define monopolistic competition.
What is meant by oligopoly?
Give two characteristics of perfect competition.
To which market is product differentiation relevant?
Identify the market form for the item given below:
A single seller
Discuss any four differences between monopoly and monopolistic competition.
Which type of market structure is the following? Give reason.
Trucks
What is meant by the term 'price taker'?
Identify the market form from the following.
Perfect knowledge
