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प्रश्न
State the market form of the following commodity.
Railways
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उत्तर
The market form of railways is a monopoly.
संबंधित प्रश्न
Which two forms of market earn normal profit in the long run?
Firm A hires the services of Rohit Sharma to act as the Brand ambassador for its products X. Identify the nature of market for commodity X.
Following is the feature of perfect competition:
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 |
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?
Read the following statements carefully and choose the correct alternative:
Assertion (A): Price discrimination is possible under monopoly.
Reason (R): A monopolist can charge different prices in different markets because different sets of consumers - rich and poor - have different price elasticity of demand for the monopolist's product.
What is meant by pure competition?
Producers in a monopoly are price makers. Briefly explain.
State two important characteristics of monopoly.
What are selling costs?
Identify the market form of the following:
Market for toilet soaps in India.
State the market form of the following commodity.
Automobiles
State the market form of the following commodity.
Fighter Aircrafts
Identify the market form for the item given below:
Product differentiation
Discuss any four differences between monopoly and monopolistic competition.
Which type of market structure is the following? Give reason.
Jeans
What is meant by the term ‘price taker’?
What is meant by barriers to entry?
In which market form is there a single seller and no close substitutes for the product?
