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प्रश्न
______ refers to a market situation when there is a single buyer of a commodity or service.
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उत्तर
Monopsony refers to a market situation when there is a single buyer of a commodity or service.
Explanation:
A monopsony is defined as market control over specified commodities or services. Monopsonies occur when individuals, corporate classifications, or other entities can position themselves as the sole purchasers of a specific item or service.
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संबंधित प्रश्न
Perishable goods such as vegetables, fruits, milk products, etc. are sold in Market ______.
Write a word/term/phrase for the following sentence.
Type of market where durable commodities that are generally non-perishable in nature are sold.
Write a word/term/phrase for the following sentence.
Two sellers, selling either a homogeneous product or a differentiated product.
The market for the commodities which are produced in one country and sold in other countries is known as the national market.
Find the odd one.
Find the odd one.
Answer in one sentence.
What do you mean by 'Local Market'?
Answer in one sentence.
What do you mean by 'Regulated Market'?
Correct the underlined word and rewrite the following sentence.
Commodity Market refers to the market for borrowing and lending long term capital required by the business.
Arrange in proper order:
Local market, International market, National market.
Give classification of the market in detail on the basis of ‘Volume of Transaction’.
Give classification of the market on the basis of ‘time’.
______ market is for commodities that are produced in one country and sold in another country.
Explain the following term/concept in detail.
Monopsony
Justify the following statement.
The market can be classified on the basis of time.
Monopoly refers to a market situation when there is a single buyer of a commodity or service.
Unregulated market operates according to forces of demand and supply.
Market can be classified on the basis of importance and area covered.
