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प्रश्न
A seller cannot influence the market price under:
पर्याय
Perfect competition
Monopoly
Monopolistic competition
All the above
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उत्तर
Perfect competition
Explanation:
Under perfect competition, a seller cannot affect market price because there are many buyers and sellers, and each firm is a price taker. The market price is decided by the entire supply and demand in the market, and individual businesses must accept it for their goods.
संबंधित प्रश्न
Define Discriminating Monopoly.
Non-price competition is ______.
Marginal revenue of a firm is constant throughout under:
Indian Railways is an example of ______.
Observe the relationship of the first pair of words and complete the second pair.
Single seller in the market : Monopoly
Single buyer in the market : ______
Which of the following market types has the fewest number of firms?
Define perfect competition.
There are no substitute goods in a monopoly market. Give a reason to support your answer.
Define monopsony.
What are selling costs?
Highlight the importance of selling costs in a monopolistically compatible market.
Give an example of monopoly.
Discuss any four differences between monopoly and monopolistic competition.
Which type of market structure is the following? Give reason.
Trucks
What is meant by the term ‘price taker’?
Which market form has the least number of producers?
What is the difference between collusive and non-collusive oligopoly?
Name the characteristic which makes monopolistic competition different from perfect competition.
In which market form is there a single seller and no close substitutes for the product?
