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प्रश्न
'A few big sellers' is a characteristic of ______.
पर्याय
Perfect competition
Monopolistic Competition
Oligopoly
All the above
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उत्तर
'A few big sellers' is a characteristic of oligopoly.
Explanation:
An oligopoly is defined as a market structure in which only a few large sellers or enterprises dominate the market. These corporations have considerable market power and may affect prices and output. This differs with perfect and monopolistic competition, which have a large number of sellers.
संबंधित प्रश्न
A seller cannot influence the market price under:
There is no difference between perfect competition and pure competition.
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Perfectly elastic demand | (A) | Oligopoly |
| (ii) | Less elastic demand | (B) | Monopolistic competition |
| (iii) | More elastic demand | (C) | Perfect competition |
| (iv) | Indeterminate demand | (D) | Monopoly |
Which among the following is a feature of monopsony market?
Mention two features of monopoly.
Producers in a monopoly are price makers. Briefly explain.
Define monopsony.
Highlight the importance of selling costs in a monopolistically compatible market.
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:
A single seller
Identify the market form for the item given below:
Product differentiation
Explain the main characteristics of a monopoly.
Which type of market structure is the following? Give reason.
Trucks
To which market form are homogeneous products relevant?
Which market form has the least number of producers?
What is the effect on price when a monopoly firm tries to sell more?
What is the difference between perfect and imperfect oligopoly?
What does perfectly elastic demand curve faced by a competitive firm indicate?
Mention one feature of a monopoly market.
