Advertisements
Advertisements
प्रश्न
A seller cannot influence the market price under:
विकल्प
Perfect competition
Monopoly
Monopolistic competition
All the above
Advertisements
उत्तर
Perfect competition
Explanation:
Under perfect competition, a seller cannot affect market price because there are many buyers and sellers, and each firm is a price taker. The market price is decided by the entire supply and demand in the market, and individual businesses must accept it for their goods.
संबंधित प्रश्न
How is Perfect competitive market is different from a monopoly market?
In monopolistic competition, there are ______.
A monopolist is price maker:
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
Products sold by each firm in a perfectly competitive market are perfect substitutes of each other.
A holiday resort in a remote village is very popular among the tourists. Since the connectivity is very poor with the outer world, the owner employs the local villagers for the functioning of the resort.
This is a case of:
Define perfect competition.
What is meant by pure competition?
Producers in a monopoly are price makers. Briefly explain.
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
Identify the market form of the following:
Goods sold are homogeneous.
Identify the market form for the item given below:
A single buyer
Explain any four features of perfect competition.
With the help of an example explain the meaning of price discrimination.
Why can a monopolist charge different prices in different markets?
Which market form has the least number of producers?
Identify the market form from the following:
A few large sellers
Why are selling costs incurred?
