Advertisements
Advertisements
प्रश्न
Explain the following term/concept in detail.
Oligopoly
Explain the concept of oligopoly.
What is meant by oligopoly?
Advertisements
उत्तर
In an oligopoly, there are only a few sellers. They may be producing and selling either a homogeneous or a differentiated product.
APPEARS IN
संबंधित प्रश्न
The retail market is the market where the retailer sells goods directly to the ______ in small quantities.
Write a word/term/phrase for the following sentence.
Type of market where durable commodities that are generally non-perishable in nature are sold.
Write a word/term/phrase for the following sentence.
The market is where goods are sold to the ultimate consumers or the users of the product.
In the wholesale market, sellers are known as retailers and buyers are known as wholesalers.
Find the odd one.
Answer in one sentence.
What do you mean by 'Local Market'?
Correct the underlined word and rewrite the following sentence.
Commodity Market refers to the market for borrowing and lending long term capital required by the business.
Correct the underlined word and rewrite the following sentence.
In a duopoly, there is a single seller.
Justify the following statement.
The market can be classified on the basis of competition.
Give classification of the market on the basis of ‘time’.
Justify the following statement.
The market can be classified on the basis of volume.
Monopoly refers to a market situation when there is a single buyer of a commodity or service.
Explain the following term/concept in detail.
Imperfect Market
Unregulated market operates according to forces of demand and supply.
Explain the following term/concept in detail:
Monopoly
Explain the following term/concept in detail:
Duopoly
