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Identify the market form from the following: A few large sellers - Economic Applications

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प्रश्न

Identify the market form from the following:

A few large sellers

एक शब्द/वाक्यांश उत्तर

उत्तर

Oligopoly

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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. (v) | पृष्ठ १४३
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 5 Meaning and Types of Markets
QUESTION BANK | Q 41. (v) | पृष्ठ १२१

संबंधित प्रश्‍न

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


Non-price competition is ______.


How is Perfect competitive market is different from a monopoly market?


A monopolist is price maker:


Observe the relationship of the first pair of words and complete the second pair.

Single seller in the market : Monopoly

Single buyer in the market : ______


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.

Products sold by each firm in a perfectly competitive market are perfect substitutes of each other. 


Read the following statements carefully and choose the correct alternative:

Assertion (A): Price discrimination is possible under monopoly.

Reason (R): A monopolist can charge different prices in different markets because different sets of consumers - rich and poor - have different price elasticity of demand for the monopolist's product.


Read the following statements carefully and choose the correct alternative:

Assertion (A): Under Perfect Competition, each firm faces a perfectly elastic demand curve.

Reason (R): Firm is a price maker under perfect competition.


There are no substitute goods in a monopoly market. Give a reason to support your answer.


Define monopolistic competition.


To which market is product differentiation relevant?


Identify the market form of the following:

Market for toilet soaps in India.


Identify the market form for the following:

Textile industry in India.


Name the market in which there is a single buyer and many sellers.


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

Jeans


Mention one feature of a monopoly market.


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