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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
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
The image above shows a departmental store of a market structure.
- Identify the form of market as observed from the above image.
- Discuss the features of this market form with respect to:
- Type of product
- Entry and exit of firms
- Selling cost
A monopolist is price maker:
Observe the relationship of the first pair of words and complete the second pair.
Single seller in the market : Monopoly
Single buyer in the market : ______
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
Read the following statements carefully and choose the correct alternative:
Assertion (A): Under Perfect Competition, each firm faces a perfectly elastic demand curve.
Reason (R): Firm is a price maker under perfect competition.
Identify the market form for the item given below:
Homogeneous goods
Explain any four features of perfect competition.
What is the effect on price when a monopoly firm tries to sell more?
Identify the market form from the following:
A few large sellers
