Advertisements
Advertisements
प्रश्न
Which among the following is a feature of monopsony market?
विकल्प
Price discrimination
Single buyer
Single seller
Price taker
Advertisements
उत्तर
Single buyer
Explanation:
A monopsony market is defined by a single buyer who controls the market. Due to a lack of competition from other buyers, this single buyer has tremendous power over the purchase prices and conditions.
APPEARS IN
संबंधित प्रश्न
Define Discriminating Monopoly.
How is Perfect competitive market is different from a monopoly market?
'A few big sellers' is a characteristic of ______.
Which of the following market types has the fewest number of firms?
Producers in a monopoly are price makers. Briefly explain.
Identify the market form for the item given below:
A single buyer
Explain any four features of perfect competition.
Product differentiation is practised in monopolistic competition? Give reasons.
What is meant by barriers to entry?
Identify the market form from the following.
Firm is a price maker.
