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प्रश्न
Name the market in which there is a single buyer and many sellers.
उत्तर
A market in which there is a single buyer and many sellers is called a monopsony.
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संबंधित प्रश्न
Which two forms of market earn normal profit in the long run?
Following is not the feature of perfect competition:
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
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.
There are no substitute goods in a monopoly market. Give a reason to support your answer.
Identify the market form for the item given below:
Product differentiation
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Give two examples of monopolistically competitive market.
Elaborate the price discrimination feature of monopoly.
There are a large number of buyers and sellers under a ______ market.
