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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
'A few big sellers' is a characteristic of ______.
A monopolist is price maker:
The seller in a monopoly market is a price maker.
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Define monopsony.
Identify the market form of the following:
Goods sold are homogeneous.
Identify the market form for the following:
Textile industry in India.
Explain the main characteristics of a monopoly.
To which market form are homogeneous products relevant?
