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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
The image above shows a departmental store of a market structure.
- Identify the form of market as observed from the above image.
- Discuss the features of this market form with respect to:
- Type of product
- Entry and exit of firms
- Selling cost
Following is the feature of perfect competition:
Following is not the feature of perfect competition:
Indian Railways is an example of ______.
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Which one of the following is NOT found in a perfectly competition market?
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.
Define product differentiation.
Which type of market structure is the following? Give reason.
Ball-pen
Identify the market form from the following.
Perfect knowledge
