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प्रश्न
Pick the option which does not belong to the group.
विकल्प
Railways
Shampoos
Televisions
Biscuits
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उत्तर
Railways
Explanation:
Railways are typically a monopoly market (particularly in countries like India, where the government owns and operates the railways), whereas shampoos, televisions, and biscuits are products found in competitive markets such as monopolistic competition or oligopoly, in which many producers offer differentiated goods.
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संबंधित प्रश्न
'Homogeneous products' is a characteristic of ______.
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
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 |
Read the following statements carefully and choose the correct alternative:
Assertion (A): Buyers are ready to pay different prices for the product produced by different firms under perfect competition.
Reason (R): The products offered for sale in the perfect market are homogeneous.
What is meant by pure competition?
There are no substitute goods in a monopoly market. Give a reason to support your answer.
Which type of market structure is the following? Give reason.
Lipstick
Why can a monopolist charge different prices in different markets?
To which market form are homogeneous products relevant?
There is inverse relation between price and demand for the product of a firm under ______.
