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प्रश्न
Indian Railways is an example of ______.
विकल्प
Monopolistic competition
Perfect competition
Monopoly
Oligopoly
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उत्तर
Indian Railways is an example of Monopoly.
Explanation:
Indian Railways is an example of a monopoly because it is India's sole provider of railway transportation services, which is government-controlled. There are no direct competitors in the rail transport business; hence, Indian Railways has complete control over price and services.
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 ______.
Non-price competition is ______.
Following is the feature of perfect competition:
There is no difference between perfect competition and pure competition.
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Which of the following is the least competitive market?
State two important characteristics of monopoly.
What are selling costs?
In which form of market is the seller a price taker? Justify your answer.
Identify the market form for the following:
Railways in India.
Give an example of monopoly.
Which type of market structure is the following? Give reason.
Lipstick
To which market form are homogeneous products relevant?
Identify the market form from the following.
Firm is a price maker.
There are a large number of buyers and sellers under a ______ market.
Why an individual firm under perfect competition cannot influence the market price?
