मराठी

State the market form of the following commodity. Railways - Economic Applications

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प्रश्न

State the market form of the following commodity.

Railways 

एका वाक्यात उत्तर

उत्तर

The market form of railways is a monopoly.

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Forms of Market Structure
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Nature and Structure of Markets - QUESTIONS [पृष्ठ १३८]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 5 Nature and Structure of Markets
QUESTIONS | Q 22. (i) | पृष्ठ १३८
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 5 Meaning and Types of Markets
Exercise | Q 21. (i) | पृष्ठ ११६

संबंधित प्रश्‍न

Which two forms of market earn normal profit in the long run?


“While shopping for fruits in the local market you see many seller selling fruits”. In this context answer the following:

  1. What is the type of market referred to?
  2. State and draw the type of demand curve faced by the market above.
  3. Differentiate between the market indicated above and monopoly on the basis of:
    1. No. of sellers
    2. Market price
    3. Entry and exit of firms in the market

'A few big sellers' is a characteristic of ______.


"The price of a product under perfect competition is determined by an individual seller."


Which of the following is the least competitive market?


What is perfect competition?


What is meant by pure competition?


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


What are selling costs?


Identify the market form for the item given below:

Homogeneous goods


Explain any four features of perfect competition.


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

Jeans


Monopolistic competition is the perfect blending of monopoly and perfect competition. Explain.


To which market is price discrimination relevant?


Why can a monopolist charge different prices in different markets?


What does perfectly elastic demand curve faced by a competitive firm indicate?


In what respects does oligopoly differ from monopoly? 


Identify the market form from the following.

Price discrimination


Identify the market form from the following:

A few large sellers


Mention one feature of a monopoly market.


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