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प्रश्न
Which of the following market types has the fewest number of firms?
विकल्प
Perfect Competition
Monopoly
Monopolistic competition
Monopsony
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उत्तर
Monopoly
Explanation:
A monopolistic market has the fewest number of enterprises since only one firm controls the whole market. This firm is the only manufacturer or provider of a product or service, as opposed to other market categories that have several enterprises.
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संबंधित प्रश्न
Indian Oil Corporation Limited is an example of a/an ______.
There is no difference between perfect competition and pure competition.
Match the following:
| Column I | Column II | ||
| A. | Demand curve under perfect competition | (i) | Indeterminate demand curve |
| B. | Demand curve under monopoly | (ii) | Downward sloping but less elastic |
| C. | Demand curve under monopolistic competition | (iii) | Horizontal straight line |
| D. | Demand curve under oligopoly | (iv) | Elastic demand curve |
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.
Give an example of monopsony.
Identify the market form of the following:
Motor car market in India.
Which type of market structure is the following? Give reason.
Trucks
In what respects does oligopoly differ from monopoly?
Identify the market form from the following.
Price discrimination
Why an individual firm under perfect competition cannot influence the market price?
