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प्रश्न
Why do producers incur high selling costs in an imperfect market?
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उत्तर
Because of the presence of rivalry in an imperfect market, producers incur high selling costs; they wish to get an advantage over the others by incurring selling charges or sales promotion expenses.
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संबंधित प्रश्न
Identify the market having a single buyer and many sellers from the following:
In monopolistic competition, there are ______.
There is no difference between perfect competition and pure competition.
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Explain any four features of perfect competition.
Explain the main characteristics of a monopoly.
Product differentiation is practised in monopolistic competition? Give reasons.
To which market is price discrimination relevant?
Identify the market form from the following.
Price discrimination
Why are selling costs incurred?
