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प्रश्न
Elaborate the price discrimination feature of monopoly.
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उत्तर
- Price discrimination is a situation when the monopolist charges different prices of the commodity from its different consumers.
- Monopolist, being the only seller in the market, can exercise this feature by charging different prices for the same product from different consumers.
- Example: The electricity distribution companies might charge different prices from its domestic and commercial users.
संबंधित प्रश्न
Non-price competition is ______.
Marginal revenue of a firm is constant throughout under:
A seller cannot influence the market price under:
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
Imperfect knowledge is a characteristic feature of:
The market structure which is characterised by a single producer of a commodity and when there are not close substitutes for that commodity:
Which of the following is the least competitive market?
What is meant by pure competition?
State the market form of the following commodity.
Fighter Aircrafts
Explain any four features of perfect competition.
Which type of market structure is the following? Give reason.
Scooters
Which type of market structure is the following? Give reason.
Mobile phone services
Which type of market structure is the following? Give reason.
Jeans
Which type of market structure is the following? Give reason.
Lipstick
Which type of market structure is the following? Give reason.
Soft drinks
Give two examples of a monopolistically competitive market.
What do you mean by homogeneous products?
What induces new firms to enter an industry?
In what respects does oligopoly differ from monopoly?
Identify the market form from the following:
A few large sellers
