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प्रश्न
Which of the following is the least competitive market?
विकल्प
Farming
Indian Railways
Air India
Mcdonald's
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उत्तर
Indian Railways
Explanation:
Indian Railways runs as a monopoly, with just one provider of train services in the country, making it the least competitive market. Unlike farming, Air India, and McDonald's, which compete in their own marketplaces, Indian Railways has no direct competitors in the rail transit industry.
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संबंधित प्रश्न
Define Discriminating Monopoly.
Following is the feature of perfect competition:
Following is not the feature of perfect competition:
Which one of the following is NOT found in a perfectly competition market?
Define oligopoly.
State two important characteristics of monopoly.
Identify the market form for the item given below:
Product differentiation
Define monopoly.
Which type of market structure is the following? Give reason.
Scooters
Elaborate the price discrimination feature of monopoly.
