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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
Non-price competition is ______.
"The price of a product under perfect competition is determined by an individual seller."
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
Which of the following statements are true?
- Monopolistically competitive markets have high selling costs.
- Monopolistically competitive markets sell homogeneous goods.
- Any firm can start a business in a monopolistically competitive market.
Which of the following is the least competitive market?
Mention two features of monopoly.
Define oligopoly.
Define monopsony.
Identify the market form of the following:
Goods sold are homogeneous.
Identify the market form for the following:
Railways in India.
Identify the market form for the item given below:
A single seller
Identify the market form for the item given below:
Homogeneous goods
Identify the market form for the item given below:
A single buyer
Give an example of price discrimination.
Explain any four features of perfect competition.
To which market form are homogeneous products relevant?
Identify the market form from the following:
A few large sellers
There is inverse relation between price and demand for the product of a firm under ______.
Which of the following is an example of a perfectly competitive market?
In which market form is there a single seller and no close substitutes for the product?
