Advertisements
Advertisements
प्रश्न
Match the following and select the correct option:
| Column I | Column II | ||
| (i) | Perfect competition | (A) | Differentiated Products |
| (ii) | Monopoly | (B) | Few large firms |
| (iii) | Monopolistic Competition | (C) | Single seller |
| (iv) | Oligopoly | (D) | Homogeneous products |
विकल्प
(i) C, (ii) D, (iii) A, (iv) B
(i) D, (ii) C, (iii) B, (iv) A
(i) D, (ii) C, (iii) A, (iv) B
(i) C, (ii) D, (iii) B, (iv) A
Advertisements
उत्तर
(i) D, (ii) C, (iii) A, (iv) B
Explanation:
| Column I | Column II | ||
| (i) | Perfect competition | (D) | Homogeneous products |
| (ii) | Monopoly | (C) | Single seller |
| (iii) | Monopolistic Competition | (A) | Differentiated Products |
| (iv) | Oligopoly | (B) | Few large firms |
APPEARS IN
संबंधित प्रश्न
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
Non-price competition is ______.
Justify the following statement with any two valid arguments. 'In a perfect competition market structure, an individual firm does not have any role in determining price’.
Indian Oil Corporation Limited is an example of a/an ______.
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.
Give an example of monopsony.
Identify the market form for the item given below:
Homogeneous goods
Product differentiation is practised in monopolistic competition? Give reasons.
To which market is price discrimination relevant?
Why do producers incur high selling costs in an imperfect market?
