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प्रश्न
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.
विकल्प
Both the number of sellers under oligopoly are small and in monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions are true.
Both the number of sellers under oligopoly are small and in monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions are false.
The number of sellers under oligopoly are small is true, in monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions is false.
The number of sellers under oligopoly are small is false, in monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions is true.
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उत्तर
The number of sellers under oligopoly are small is true, in monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions is false.
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संबंधित प्रश्न
Explain three features of Perfect competitive market.
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Define monopsony.
Give two characteristics of perfect competition.
Identify the market form for the item given below:
A single seller
Identify the market form for the item given below:
Homogeneous goods
Give an example of monopoly.
Which type of market structure is the following? Give reason.
Mobile phone services
What do you mean by homogeneous products?
Identify the market form from the following.
Perfect knowledge
