Advertisements
Advertisements
प्रश्न
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
Advertisements
उत्तर
The market form in which the Government of India is the sole buyer of fighter aircraft is known as a monopsony.
संबंधित प्रश्न
Which two forms of market earn normal profit in the long run?
Non-price competition is ______.
Explain three features of Perfect competitive market.
Marginal revenue of a firm is constant throughout under:
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
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 : ______
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 |
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 |
Mention two features of monopoly.
Give two characteristics of perfect competition.
Identify the market form of the following:
Market for toilet soaps in India.
Identify the market form for the item given below:
Product differentiation
Which type of market structure is the following? Give reason.
Ball-pen
Monopolistic competition is the perfect blending of monopoly and perfect competition. Explain.
To which market form are homogeneous products relevant?
What induces new firms to enter an industry?
Identify the market form from the following.
Perfect knowledge
There is inverse relation between price and demand for the product of a firm under ______.
In which type of market are firms interdependent and a few large firms dominate?
