मराठी

Identify the feature of monopoly market from the following: - Economic Applications

Advertisements
Advertisements

प्रश्न

Identify the feature of monopoly market from the following: 

पर्याय

  • A single seller

  • A single buyer

  • Homogeneous goods

  • Product differentiation

MCQ

उत्तर

A single seller

Explanation:

In a monopolistic market, one vendor controls the entire market for a specific product or service. As the market's alone provider, this seller has great control over pricing and supply.

shaalaa.com
Market Structures
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Nature and Structure of Markets - QUESTIONS [पृष्ठ १३४]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 5 Nature and Structure of Markets
QUESTIONS | Q 9. | पृष्ठ १३४
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×