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प्रश्न
A seller cannot influence the market price under:
विकल्प
Perfect competition
Monopoly
Monopolistic competition
All the above
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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
Which two forms of market earn normal profit in the long run?
Following is not the feature of perfect competition:
Indian Railways is an example of ______.
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
The seller in a monopoly market is a price maker.
Imperfect knowledge is a characteristic feature of:
The market structure which is characterised by a single producer of a commodity and when there are not close substitutes for that commodity:
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There are no substitute goods in a monopoly market. Give a reason to support your answer.
Give an example of oligopoly.
Give two characteristics of perfect competition.
State the advantage of monopolistic competition over monopoly.
Identify the market form for the following:
Textile industry in India.
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Which type of market structure is the following? Give reason.
Jeans
Which type of market structure is the following? Give reason.
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Monopolistic competition is the perfect blending of monopoly and perfect competition. Explain.
Give two examples of a monopolistically competitive market.
There are a large number of buyers and sellers under a ______ market.
