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Give an example of oligopoly. - Economic Applications

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प्रश्न

Give an example of oligopoly. 

एक पंक्ति में उत्तर
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उत्तर

An example of an oligopoly is the car market.

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अध्याय 5: Nature and Structure of Markets - QUESTIONS [पृष्ठ १३८]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 5 Nature and Structure of Markets
QUESTIONS | Q 9. ii | पृष्ठ १३८
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 5 Meaning and Types of Markets
Exercise | Q 9. (ii) | पृष्ठ ११५
गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 5 Nature and Structure of Markets
QUESTION BANK | Q 15. ii | पृष्ठ १४०
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
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QUESTION BANK | Q 17. (ii) | पृष्ठ ११८

संबंधित प्रश्न

The image above shows a departmental store of a market structure.

  1. Identify the form of market as observed from the above image.
  2. Discuss the features of this market form with respect to:
    1. Type of product
    2. Entry and exit of firms
    3. Selling cost

Explain three features of Perfect competitive market.


Firm A hires the services of Rohit Sharma to act as the Brand ambassador for its products X. Identify the nature of market for commodity X.


'A few big sellers' is a characteristic of ______.


Read the given statements carefully and select the correct option.

  1. The number of sellers under oligopoly are small.
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Which of the following market types has the fewest number of firms?


Products sold by each firm in a perfectly competitive market are perfect substitutes of each other. 


Match the following:

Column I Column II
A. Monopoly (i) Availability of close substitutes
B. Oligopoly (ii) Absence of close substitutes
C. Perfect competition (iii) Few large sellers
D. Monopolistic competition (iv) Homogeneous products

State the advantage of monopolistic competition over monopoly. 


Why is there no need for selling cost under perfect competition?


Identify the market form for the following:

Textile industry in India.


State the market form of the following commodity.

Shampoos


In which form of market do producers and consumers have perfect knowledge about the market conditions?


Define monopoly.


Give an example of price discrimination.


Which type of market structure is the following? Give reason.

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Which type of market structure is the following? Give reason.

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Identify the market form from the following.

Perfect knowledge


Identify the market form from the following:

A few large sellers


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