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प्रश्न
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Perfectly elastic demand | (A) | Oligopoly |
| (ii) | Less elastic demand | (B) | Monopolistic competition |
| (iii) | More elastic demand | (C) | Perfect competition |
| (iv) | Indeterminate demand | (D) | Monopoly |
विकल्प
(i) C, (ii) D, (iii) B, (iv) A
(i) C, (ii) A, (iii) D, (iv) B
(i) D, (ii) C, (iii) B, (iv) A
(i) B, (ii) D, (iii) A, (iv) C
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उत्तर
(i) C, (ii) D, (iii) B, (iv) A
Explanation:
| Column I | Column II | ||
| (i) | Perfectly elastic demand | (C) | Perfect competition |
| (ii) | Less elastic demand | (D) | Monopoly |
| (iii) | More elastic demand | (B) | Monopolistic competition |
| (iv) | Indeterminate demand | (A) | Oligopoly |
APPEARS IN
संबंधित प्रश्न
Define Discriminating Monopoly.
Non-price competition is ______.
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.
Read the given statements carefully and select the correct option.
- The number of sellers under oligopoly are small.
- In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.
Match the following:
| Column I | Column II | ||
| A. | Demand curve under perfect competition | (i) | Indeterminate demand curve |
| B. | Demand curve under monopoly | (ii) | Downward sloping but less elastic |
| C. | Demand curve under monopolistic competition | (iii) | Horizontal straight line |
| D. | Demand curve under oligopoly | (iv) | Elastic demand curve |
Identify the market form for the following:
Telecom industry in India.
State the market form of the following commodity.
Fighter Aircrafts
Identify the market form for the item given below:
A single buyer
Product differentiation is practised in monopolistic competition? Give reasons.
Monopolistic competition is the perfect blending of monopoly and perfect competition. Explain.
