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प्रश्न
Sometimes, a firm considers the action and reaction of its rival firms while determining its price and output levels.
Which market form does such firm belong to?
पर्याय
Perfect Competition
Monopoly
Monopolistic competition
Oligopoly
उत्तर
Oligopoly
APPEARS IN
संबंधित प्रश्न
Answer the following question.
Why are the firms said to be interdependent in an oligopoly market? Explain.
Distinguish between cooperative and non-cooperative oligopoly
Explain the cause of the limited number of firms in an oligopoly market.
Why is the number of firms small in oligopoly? Explain.
Why is the number of firms small in an oligopoly market? Explain.
Choose the correct answer from given options
There are only a few sellers under
Elaborate three main features of an oligopoly form of market.
Explain the meaning of the following features of the Oligopoly Market :
(a) Non-Price Competition
(b) Few Sellers
State any two features of Oligopoly.
Briefly discuss the importance of Selling Cost under oligopoly market.
