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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
Identify the market having a single buyer and many sellers from the following:
Non-price competition is ______.
Selling costs are absent in perfect competition market.
Match the following and select the correct option:
| Column I | Column II | ||
| (i) | Perfect competition | (A) | Differentiated Products |
| (ii) | Monopoly | (B) | Few large firms |
| (iii) | Monopolistic Competition | (C) | Single seller |
| (iv) | Oligopoly | (D) | Homogeneous products |
Which of the following statements are true?
- Monopolistically competitive markets have high selling costs.
- Monopolistically competitive markets sell homogeneous goods.
- Any firm can start a business in a monopolistically competitive market.
Products sold by each firm in a perfectly competitive market are perfect substitutes of each other.
Which of the following is the least competitive market?
Match the following:
| Column I | Column II | ||
| A. | Monopoly | (i) | Availability of close substitutes |
| B. | Oligopoly | (ii) | Absence of close substitutes |
| C. | Perfect competition | (iii) | Few large sellers |
| D. | Monopolistic competition | (iv) | Homogeneous products |
What is meant by pure competition?
State two important characteristics of monopoly.
To which market is product differentiation relevant?
What are selling costs?
State the advantage of monopolistic competition over monopoly.
Identify the market form of the following:
Motor car market in India.
Which type of market structure is the following? Give reason.
Ball-pen
To which market is price discrimination relevant?
What induces new firms to enter an industry?
What is the effect on price when a monopoly firm tries to sell more?
There are a large number of buyers and sellers under a ______ market.
