हिंदी

Which market form has the least number of producers?

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प्रश्न

Which market form has the least number of producers?

एक शब्द/वाक्यांश उत्तर
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उत्तर

Monopoly

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अध्याय 5: Nature and Structure of Markets - QUESTION BANK [पृष्ठ १४०]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 5 Nature and Structure of Markets
QUESTION BANK | Q 10. | पृष्ठ १४०
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 5 Meaning and Types of Markets
QUESTION BANK | Q 12. | पृष्ठ ११८

संबंधित प्रश्न

Which two forms of market earn normal profit in the long run?


How is Perfect competitive market is different from a monopoly market?


“While shopping for fruits in the local market you see many seller selling fruits”. In this context answer the following:

  1. What is the type of market referred to?
  2. State and draw the type of demand curve faced by the market above.
  3. Differentiate between the market indicated above and monopoly on the basis of:
    1. No. of sellers
    2. Market price
    3. Entry and exit of firms in the market

Following is the feature of perfect competition:


Following is not the feature of perfect competition:


"The price of a product under perfect competition is determined by an individual seller."


A holiday resort in a remote village is very popular among the tourists. Since the connectivity is very poor with the outer world, the owner employs the local villagers for the functioning of the resort.

This is a case of:


Producers in a monopoly are price makers. Briefly explain.


Identify the market form of the following:

The Government of India is the sole buyer of fighter aircrafts.


Identify the market form of the following:

Goods sold are homogeneous.


Identify the market form of the following:

Motor car market in India.


State the market form of the following commodity.

Automobiles


Identify the market form for the item given below:

Product differentiation


Define monopoly.


Which type of market structure is the following? Give reason.

Scooters


Which type of market structure is the following? Give reason.

Jeans


Why can a monopolist charge different prices in different markets?


What is meant by the term ‘price taker’?


Name the characteristic which makes monopolistic competition different from perfect competition.


In which type of market are firms interdependent and a few large firms dominate?


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