Advertisements
Advertisements
प्रश्न
What do you mean by homogeneous products?
उत्तर
Homogeneous products refer to those products which are identical in all respects like quality, colour, size, design, brand name etc. The buyer does not distinguish the output of one firm from that of the other.
संबंधित प्रश्न
Identify the market having a single buyer and many sellers from the following:
Following is not the feature of perfect competition:
Marginal revenue of a firm is constant throughout under:
Indian Railways is an example of ______.
Match the following and select the correct option:
| Column I | Column II | ||
| (i) | Perfect competition | (A) | Differentiated Products |
| (ii) | Monopoly | (B) | Few large firms |
| (iii) | Monopolistic Competition | (C) | Single seller |
| (iv) | Oligopoly | (D) | Homogeneous products |
Which among the following is a feature of monopsony market?
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Imperfect knowledge is a characteristic feature of:
Which of the following market types has the fewest number of firms?
Producers in a monopoly are price makers. Briefly explain.
Identify the market form of the following:
Market for toilet soaps in India.
Identify the market form for the item given below:
A single buyer
Name the market in which there is a single buyer and many sellers.
Which type of market structure is the following? Give reason.
Mobile phone services
Which type of market structure is the following? Give reason.
Jeans
To which market form are homogeneous products relevant?
What induces new firms to enter an industry?
What is the effect on price when a perfectly competitive firm tries to sell more?
There is inverse relation between price and demand for the product of a firm under ______.
What is a price making firm?
