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प्रश्न
What induces new firms to enter an industry?
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उत्तर
Abnormal profit
संबंधित प्रश्न
Identify the market having a single buyer and many sellers from the following:
In which type of market price discrimination is practiced? Explain with an example.

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
Following is not the feature of perfect competition:
'Homogeneous products' is a characteristic of ______.
Indian Oil Corporation Limited is an example of a/an ______.
Which of the following market types has the fewest number of firms?
Which one of the following is NOT found in a perfectly competition market?
Define monopolistic competition.
What are selling costs?
Identify the market form for the item given below:
Product differentiation
Give an example of price discrimination.
Explain the main characteristics of a monopoly.
Which type of market structure is the following? Give reason.
Ball-pen
What is meant by the term ‘price taker’?
Elaborate the price discrimination feature of monopoly.
Identify the market form from the following.
Firm is a price maker.
Identify the market form from the following.
Perfect knowledge
Why do producers incur high selling costs in an imperfect market?
Why an individual firm under perfect competition cannot influence the market price?
