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Identify the market form from the following. Firm is a price maker. - Economic Applications

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प्रश्न

Identify the market form from the following.

Firm is a price maker. 

एक शब्द/वाक्यांश उत्तर

उत्तर

Monopoly

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

संबंधित प्रश्‍न

In which type of market price discrimination is practiced? Explain with an example.


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

  1. Identify the form of market as observed from the above image.
  2. Discuss the features of this market form with respect to:
    1. Type of product
    2. Entry and exit of firms
    3. Selling cost

Following is the feature of perfect competition:


Differentiated products is a characteristic of ______.


Marginal revenue of a firm is constant throughout under:


Pick the option which does not belong to the group.


Which of the following market types has the fewest number of firms?


The market structure which is characterised by a single producer of a commodity and when there are not close substitutes for that commodity:


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.


Give an example of oligopoly. 


What is meant by product differentiation?


State the advantage of monopolistic competition over monopoly. 


State the market form of the following commodity.

Shampoos


Discuss any four differences between monopoly and monopolistic competition.


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

Lipstick


Which market form has the least number of producers?


Identify the market form from the following.

Price discrimination


Identify the market form from the following:

A few large sellers


There is inverse relation between price and demand for the product of a firm under ______.


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