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प्रश्न
Identify the market form for the item given below:
A single seller
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उत्तर
The market form where there is a single seller is called a monopoly.
संबंधित प्रश्न
Which two forms of market earn normal profit in the long run?
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
Non-price competition is ______.
Match the following and select the correct option:
| Column I | Column II | ||
| (i) | Perfect competition | (A) | Differentiated Products |
| (ii) | Monopoly | (B) | Few large firms |
| (iii) | Monopolistic Competition | (C) | Single seller |
| (iv) | Oligopoly | (D) | Homogeneous products |
Indian Oil Corporation Limited is an example of a/an ______.
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 : ______
Read the given statements carefully and select the correct option.
- The number of sellers under oligopoly are small.
- In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.
Which one of the following is NOT found in a perfectly competition market?
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 |
Read the following statements carefully and choose the correct alternative:
Assertion (A): Price discrimination is possible under monopoly.
Reason (R): A monopolist can charge different prices in different markets because different sets of consumers - rich and poor - have different price elasticity of demand for the monopolist's product.
There are no substitute goods in a monopoly market. Give a reason to support your answer.
Why is there no need for selling cost under perfect competition?
Name the market in which there is a single buyer and many sellers.
Explain the main characteristics of a monopoly.
Which type of market structure is the following? Give reason.
Soft drinks
Give two examples of a monopolistically competitive market.
Which market form has the least number of producers?
What is meant by barriers to entry?
Name the characteristic which makes monopolistic competition different from perfect competition.
In which type of market are firms interdependent and a few large firms dominate?
