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प्रश्न
Marginal revenue of a firm is constant throughout under:
विकल्प
Perfect Competition
Monopolistic Competition
Oligopoly
All the above
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उत्तर
Perfect Competition
Explanation:
A firm's marginal revenue remains constant under perfect competition because it is a price taker. This means that the firm can sell any amount of its product at the current market price, and the additional revenue obtained from selling one more unit (marginal revenue) is constant and equal to the price.
संबंधित प्रश्न
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.

The image above shows a departmental store of a market structure.
- Identify the form of market as observed from the above image.
- Discuss the features of this market form with respect to:
- Type of product
- Entry and exit of firms
- Selling cost
'Homogeneous products' is a characteristic of ______.
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 |
There are no substitute goods in a monopoly market. Give a reason to support your answer.
Define monopolistic competition.
Name the market in which there is a single buyer and many sellers.
Which type of market structure is the following? Give reason.
Mobile phone services
Which type of market structure is the following? Give reason.
Ball-pen
Product differentiation is practised in monopolistic competition? Give reasons.
Why can a monopolist charge different prices in different markets?
There is inverse relation between price and demand for the product of a firm under ______.
There are a large number of buyers and sellers under a ______ market.
Why do producers incur high selling costs in an imperfect market?
What is a price making firm?
Why an individual firm under perfect competition cannot influence the market price?
In which type of market are firms interdependent and a few large firms dominate?
Which statement correctly describes monopsony?
