Advertisements
Advertisements
प्रश्न
Why do producers incur high selling costs in an imperfect market?
उत्तर
Because of the presence of rivalry in an imperfect market, producers incur high selling costs; they wish to get an advantage over the others by incurring selling charges or sales promotion expenses.
APPEARS IN
संबंधित प्रश्न
Which of the following statements are true?
- Monopolistically competitive markets have high selling costs.
- Monopolistically competitive markets sell homogeneous goods.
- Any firm can start a business in a monopolistically competitive market.
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
Identify the market form for the following:
Telecom industry in India.
Which type of market structure is the following? Give reason.
Scooters
Which type of market structure is the following? Give reason.
Jeans
Monopolistic competition is the perfect blending of monopoly and perfect competition. Explain.
Which market form has the least number of producers?
What is the effect on price when a perfectly competitive firm tries to sell more?
What does perfectly elastic demand curve faced by a competitive firm indicate?
What is a price making firm?
