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प्रश्न
Give an example of price discrimination.
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उत्तर
Example: Indian Railways charge lower fares from senior citizens of the country as compared to other citizens.
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संबंधित प्रश्न
How is Perfect competitive market is different from a monopoly market?
'Homogeneous products' is a characteristic of ______.
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Perfectly elastic demand | (A) | Oligopoly |
| (ii) | Less elastic demand | (B) | Monopolistic competition |
| (iii) | More elastic demand | (C) | Perfect competition |
| (iv) | Indeterminate demand | (D) | Monopoly |
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Identify the market form for seller A on the basis of the following information:
| Units of output sold | Price offered by seller A in ₹ |
| 30 | 10 |
| 40 | 10 |
| 50 | 10 |
Which one of the following is NOT found in a perfectly competition market?
State the advantage of monopolistic competition over monopoly.
Identify the market form for the item given below:
Product differentiation
Give an example of monopoly.
