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प्रश्न
State the market form of the following commodity.
Automobiles
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उत्तर
The market form of automobiles is an oligopoly.
संबंधित प्रश्न
Identify the market having a single buyer and many sellers from the following:
The image above shows a departmental store of a market structure.
- Identify the form of market as observed from the above image.
- Discuss the features of this market form with respect to:
- Type of product
- Entry and exit of firms
- Selling cost
Selling costs are absent in perfect competition market.
Indian Railways is an example of ______.
Imperfect knowledge is a characteristic feature of:
The market structure which is characterised by a single producer of a commodity and when there are not close substitutes for that commodity:
Which of the following is the least competitive market?
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 |
Give two characteristics of perfect competition.
In which form of market is the seller a price taker? Justify your answer.
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
Identify the market form for the following:
Perfectly elastic demand.
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Name the market in which there is a single buyer and many sellers. Give an example.
To which market is price discrimination relevant?
Why can a monopolist charge different prices in different markets?
Identify the market form from the following.
Price discrimination
Name the characteristic which makes monopolistic competition different from perfect competition.
