Advertisements
Advertisements
प्रश्न
Differentiated products is a characteristic of ______.
पर्याय
Monopolistic competition only
Imperfect oligopoly only
Both monopolistic competition and imperfect oligopoly only
Monopoly
Advertisements
उत्तर
Differentiated products is a characteristic of monopolistic competition and imperfect oligopoly only.
Explanation:
Differentiated products are seen in both monopolistic competition and imperfect oligopoly. Monopolistic competition occurs when firms sell similar but not identical items, allowing for product differentiation. In an imperfect oligopoly, firms distinguish their products in order to compete with one another, whereas, in a pure oligopoly, products are uniform.
संबंधित प्रश्न
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
How is Perfect competitive market is different from a monopoly market?
Firm A hires the services of Rohit Sharma to act as the Brand ambassador for its products X. Identify the nature of market for commodity X.
In monopolistic competition, there are ______.
There is no difference between perfect competition and pure competition.
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Mention two features of monopoly.
State the advantage of monopolistic competition over monopoly.
Identify the market form of the following:
Motor car market in India.
Identify the market form for the item given below:
Product differentiation
Give an example of price discrimination.
Why can a monopolist charge different prices in different markets?
What induces new firms to enter an industry?
Identify the market form from the following:
A few large sellers
There are a large number of buyers and sellers under a ______ market.
Why are selling costs incurred?
Which statement correctly describes monopsony?
