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प्रश्न
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
उत्तर
The market form in which the Government of India is the sole buyer of fighter aircraft is known as a monopsony.
संबंधित प्रश्न
Discuss any two features of a monopolistically competitive market.
In which type of market price discrimination is practiced? Explain with an example.
How is Perfect competitive market is different from a monopoly market?
In monopolistic competition, there are ______.
The seller in a monopoly market is a price maker.
Which among the following is a feature of monopsony market?
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.
What is meant by pure competition?
State two important characteristics of monopoly.
In which form of market is the seller a price taker? Justify your answer.
Give an example of price discrimination.
Explain any four features of perfect competition.
Which type of market structure is the following? Give reason.
Mobile phone services
Which type of market structure is the following? Give reason.
Lipstick
Which type of market structure is the following? Give reason.
Soft drinks
With the help of an example explain the meaning of price discrimination.
What do you mean by homogeneous products?
To which market form are homogeneous products relevant?
There is inverse relation between price and demand for the product of a firm under ______.
