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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
Differentiated products is a characteristic of ______.
'A few big sellers' is a characteristic of ______.
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
Which among the following is a feature of monopsony market?
Read the given statements carefully and select the correct option.
- The number of sellers under oligopoly are small.
- In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.
Imperfect knowledge is a characteristic feature of:
Which of the following market types has the fewest number of firms?
Define monopsony.
Give an example of monopsony.
Why is there no need for selling cost under perfect competition?
Highlight the importance of selling costs in a monopolistically compatible market.
Identify the market form of the following:
Goods sold are homogeneous.
With the help of an example explain the meaning of price discrimination.
To which market form are homogeneous products relevant?
Which market form has the least number of producers?
What induces new firms to enter an industry?
What is the difference between perfect and imperfect oligopoly?
In what respects does oligopoly differ from monopoly?
Why do producers incur high selling costs in an imperfect market?
In which market form is there a single seller and no close substitutes for the product?
