Advertisements
Advertisements
Question
Name the market in which there is a single buyer and many sellers.
One Line Answer
Solution
A market in which there is a single buyer and many sellers is called a monopsony.
shaalaa.com
Forms of Market Structure
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
Following is not the feature of perfect competition:
Read the given statements carefully and select the correct option.
- The number of sellers under oligopoly are small.
- In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.
Which one of the following is NOT found in a perfectly competition market?
Producers in a monopoly are price makers. Briefly explain.
What is meant by oligopoly?
What is meant by product differentiation?
What are selling costs?
What is the effect on price when a monopoly firm tries to sell more?
Identify the market form from the following.
Firm is a price maker.
