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प्रश्न
______ refers to a market situation when there is a single buyer of a commodity or service.
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उत्तर
Monopsony refers to a market situation when there is a single buyer of a commodity or service.
Explanation:
A monopsony is defined as market control over specified commodities or services. Monopsonies occur when individuals, corporate classifications, or other entities can position themselves as the sole purchasers of a specific item or service.
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संबंधित प्रश्न
Perishable goods such as vegetables, fruits, milk products, etc. are sold in Market ______.
The retail market is the market where the retailer sells goods directly to the ______ in small quantities.
In the wholesale market, sellers are known as retailers and buyers are known as wholesalers.
Find the odd one.
Find the odd one.
Answer in one sentence.
What do you mean by 'Local Market'?
Arrange in proper order:
Local market, International market, National market.
Explain types of the market on the basis of the area covered.
Explain types of the market on the basis of time.
Justify the following statement.
The market can be classified on the basis of competition.
Give classification of the market on the basis of ‘time’.
Explain different types of markets in detail.
Explain the following term/concept in detail.
Monopsony
Monopoly refers to a market situation when there is a single buyer of a commodity or service.
Unregulated market operates according to forces of demand and supply.
Market can be classified on the basis of importance and area covered.
Explain the following term/concept in detail:
Duopoly
