मराठी

Identify the market form for the item given below: Product differentiation - Economic Applications

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प्रश्न

Identify the market form for the item given below:

Product differentiation

Identify the market form from the following.

Differentiated products

एका वाक्यात उत्तर

उत्तर

The market form associated with product differentiation is monopolistic competition.

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Forms of Market Structure
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Nature and Structure of Markets - QUESTION BANK [पृष्ठ १४३]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 5 Nature and Structure of Markets
QUESTION BANK | Q 37. (ii) | पृष्ठ १४३
गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 5 Nature and Structure of Markets
QUESTIONS | Q 23. (iii) | पृष्ठ १३८
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 5 Meaning and Types of Markets
Exercise | Q 22. (iii) | पृष्ठ ११६
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 5 Meaning and Types of Markets
QUESTION BANK | Q 41. (ii) | पृष्ठ १२१

संबंधित प्रश्‍न

Identify the market having a single buyer and many sellers from the following:


The image above shows a departmental store of a market structure.

  1. Identify the form of market as observed from the above image.
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    2. Entry and exit of firms
    3. Selling cost

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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:

  1. What is the type of market referred to?
  2. State and draw the type of demand curve faced by the market above.
  3. Differentiate between the market indicated above and monopoly on the basis of:
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    2. Market price
    3. Entry and exit of firms in the market

Indian Railways is an example of ______.


Which among the following is a feature of monopsony market?


Read the given statements carefully and select the correct option.

  1. The number of sellers under oligopoly are small.
  2. In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.

Which of the following is the least competitive market?


Match the following:

Column I Column II
A. Monopoly (i) Availability of close substitutes
B. Oligopoly (ii) Absence of close substitutes
C. Perfect competition (iii) Few large sellers
D. Monopolistic competition (iv) Homogeneous products

Read the following statements carefully and choose the correct alternative:

Assertion (A): Buyers are ready to pay different prices for the product produced by different firms under perfect competition.

Reason (R): The products offered for sale in the perfect market are homogeneous.


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Which type of market structure is the following? Give reason.

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What is meant by barriers to entry?


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