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प्रश्न
Identify the market form for the item given below:
A single buyer
उत्तर
The market form where there is a single buyer is called a monopsony.
संबंधित प्रश्न
Which two forms of market earn normal profit in the long run?
Identify the market having a single buyer and many sellers from the following:
Selling costs are absent in perfect competition market.
A monopolist is price maker:
There is no difference between perfect competition and pure competition.
The market structure which is characterised by a single producer of a commodity and when there are not close substitutes for that commodity:
A holiday resort in a remote village is very popular among the tourists. Since the connectivity is very poor with the outer world, the owner employs the local villagers for the functioning of the resort.
This is a case of:
Define monopolistic competition.
To which market is product differentiation relevant?
State the advantage of monopolistic competition over monopoly.
Identify the market form of the following:
Goods sold are homogeneous.
Identify the market form for the following:
Textile industry in India.
Identify the market form for the item given below:
Homogeneous goods
Name the market in which there is a single buyer and many sellers.
Give an example of monopoly.
Which type of market structure is the following? Give reason.
Lipstick
To which market form are homogeneous products relevant?
What does perfectly elastic demand curve faced by a competitive firm indicate?
Mention one feature of a monopoly market.
Why do producers incur high selling costs in an imperfect market?
