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प्रश्न
Define Discriminating Monopoly.
Define the following concept:
Price discrimination
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उत्तर १
When a firm is able to sell the same product or service to two different categories of consumers at different prices, then it is known as price discrimination. Generally, a Monopoly firm is able to practice price discrimination successfully.
उत्तर २
The act of selling the same product at different prices to different buyers is known as price discrimination.
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संबंधित प्रश्न
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| Column I | Column II | ||
| (i) | Perfectly elastic demand | (A) | Oligopoly |
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| 30 | 10 |
| 40 | 10 |
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| Column I | Column II | ||
| A. | Monopoly | (i) | Availability of close substitutes |
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| Column I | Column II | ||
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