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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
Non-price competition is ______.
'Homogeneous products' is a characteristic of ______.
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 |
Indian Oil Corporation Limited is an example of a/an ______.
Which of the following market types has the fewest number of firms?
Give three points of difference between perfect competition and monopoly.
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
Identify the market form of the following:
Market for toilet soaps in India.
Give two examples of a monopolistically competitive market.
There is inverse relation between price and demand for the product of a firm under ______.
