Advertisements
Advertisements
Question
______ refers to a market structure in which there is a single producer or seller that has a control on the entire market.
Solution
Monopoly refers to a market structure in which there is a single producer or seller that has a control on the entire market.
APPEARS IN
RELATED QUESTIONS
Assertion (A): In local Markets the buyers and sellers are limited to the local region or area.
Reason (R): A market is not restricted to one physical or geographical location.
There are ______ classifications of markets.
The stock market is a highly ______ market.
What is unfair trade practice?
Give few examples of unfair trade practices.
______ is where the transactions are credit transactions.
The term oligopoly has been derived from two ______ words.
______ covers a wider area than local markets like a district, or a cluster of few smaller states.
When the demand for the product is international and the goods are also traded internationally in bulk quantities, is called as ______.
There is no system of credit in ______.