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प्रश्न
Highlight the importance of selling costs in a monopolistically compatible market.
Why are selling costs incurred?
Why do producers incur high selling cost in an imperfect market?
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
Following is the feature of perfect competition:
'Homogeneous products' is a characteristic of ______.
There is no difference between perfect competition and pure competition.
Imperfect knowledge is a characteristic feature of:
Give two characteristics of perfect competition.
Identify the market form for the following:
Textile industry in India.
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Give an example of price discrimination.
Which type of market structure is the following? Give reason.
Mobile phone services
Why can a monopolist charge different prices in different markets?
