Advertisements
Advertisements
प्रश्न
What induces new firms to enter an industry?
Advertisements
उत्तर
Abnormal profit
संबंधित प्रश्न
“While shopping for fruits in the local market you see many seller selling fruits”. In this context answer the following:
- What is the type of market referred to?
- State and draw the type of demand curve faced by the market above.
- Differentiate between the market indicated above and monopoly on the basis of:
- No. of sellers
- Market price
- Entry and exit of firms in the market
A seller cannot influence the market price under:
In monopolistic competition, there are ______.
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Read the following statements carefully and choose the correct alternative:
Assertion (A): Buyers are ready to pay different prices for the product produced by different firms under perfect competition.
Reason (R): The products offered for sale in the perfect market are homogeneous.
State two important characteristics of monopoly.
Highlight the importance of selling costs in a monopolistically compatible market.
Identify the market form for the following:
Railways in India.
Identify the market form for the following:
Textile industry in India.
Explain the main characteristics of a monopoly.
Discuss any four differences between monopoly and monopolistic competition.
Which type of market structure is the following? Give reason.
Scooters
Product differentiation is practised in monopolistic competition? Give reasons.
Give two examples of a monopolistically competitive market.
Which market form has the least number of producers?
Name the market which has characteristics both of monopoly and perfect competition.
Identify the market form from the following.
Perfect knowledge
