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प्रश्न
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
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उत्तर
The market form in which the Government of India is the sole buyer of fighter aircraft is known as a monopsony.
संबंधित प्रश्न
Identify the market having a single buyer and many sellers from the following:
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
'Homogeneous products' is a characteristic of ______.
Marginal revenue of a firm is constant throughout under:
There is no difference between perfect competition and pure competition.
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 |
Define perfect competition.
Define oligopoly.
State the advantage of monopolistic competition over monopoly.
Identify the market form of the following:
Market for toilet soaps in India.
Identify the market form for the following:
Telecom industry in India.
State the market form of the following commodity.
Shampoos
Discuss any four differences between monopoly and monopolistic competition.
Which type of market structure is the following? Give reason.
Trucks
Which type of market structure is the following? Give reason.
Ball-pen
What is meant by the term ‘price taker’?
What is the effect on price when a perfectly competitive firm tries to sell more?
What is the effect on price when a monopoly firm tries to sell more?
What is a price making firm?
