Advertisements
Advertisements
प्रश्न
What are selling costs?
Advertisements
उत्तर १
Selling costs refer to the expenditure incurred by a firm to promote the sale of its product.
उत्तर २
Selling costs are expenses incurred by firms to promote the sale of their product and persuade buyers to prefer their brand over rivals. They include advertising, sales promotion, free samples, publicity, discounts, personal selling, and after-sales service. Under monopolistic competition, where products are similar but differentiated, selling costs play a key role in increasing demand.
APPEARS IN
संबंधित प्रश्न
Which two forms of market earn normal profit in the long run?
In which type of market price discrimination is practiced? Explain with an example.
Explain three features of Perfect competitive market.
How is Perfect competitive market is different from a monopoly market?
Selling costs are absent in perfect competition market.
Following is the feature of perfect competition:
Following is not the feature of perfect competition:
Marginal revenue of a firm is constant throughout under:
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 |
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
Observe the relationship of the first pair of words and complete the second pair.
Single seller in the market : Monopoly
Single buyer in the market : ______
Which among the following is a feature of monopsony market?
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.
Which of the following market types has the fewest number of firms?
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 |
Which one of the following is NOT found in a perfectly competition market?
Which of the following is the least competitive market?
Read the following statements carefully and choose the correct alternative:
Assertion (A): Under Perfect Competition, each firm faces a perfectly elastic demand curve.
Reason (R): Firm is a price maker under perfect competition.
Define oligopoly.
Identify the market form of the following:
Goods sold are homogeneous.
Identify the market form of the following:
Motor car market in India.
Identify the market form for the item given below:
A single seller
Identify the market form for the item given below:
Homogeneous goods
Explain any four features of perfect competition.
Which type of market structure is the following? Give reason.
Mobile phone services
Which type of market structure is the following? Give reason.
Soft drinks
To which market is price discrimination relevant?
To which market form are homogeneous products relevant?
Which market form has the least number of producers?
What is the effect on price when a monopoly firm tries to sell more?
In what respects does oligopoly differ from monopoly?
Identify the market form from the following.
Price discrimination
Why do producers incur high selling costs in an imperfect market?
Which of the following is an example of a perfectly competitive market?
Which statement correctly describes monopsony?
