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प्रश्न
Why an individual firm under perfect competition cannot influence the market price?
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उत्तर
A firm under perfect competition cannot influence the price as its share in the total market supply is negligible.
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संबंधित प्रश्न
Define Discriminating Monopoly.
Pick the option which does not belong to the group.
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:
Read the following statements carefully and choose the correct alternative:
Assertion (A): Price discrimination is possible under monopoly.
Reason (R): A monopolist can charge different prices in different markets because different sets of consumers - rich and poor - have different price elasticity of demand for the monopolist's product.
Give an example of oligopoly.
State the market form of the following commodity.
Automobiles
State the market form of the following commodity.
Shampoos
Identify the market form for the item given below:
Homogeneous goods
Which type of market structure is the following? Give reason.
Soft drinks
Mention one feature of a monopoly market.
