Advertisements
Advertisements
प्रश्न
Give an example of price discrimination.
Advertisements
उत्तर
Example: Indian Railways charge lower fares from senior citizens of the country as compared to other citizens.
APPEARS IN
संबंधित प्रश्न
The image above shows a departmental store of a market structure.
- Identify the form of market as observed from the above image.
- Discuss the features of this market form with respect to:
- Type of product
- Entry and exit of firms
- Selling cost
There is no difference between perfect competition and pure competition.
"The price of a product under perfect competition is determined by an individual seller."
The seller in a monopoly market is a price maker.
Which among the following is a feature of monopsony market?
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
State two important characteristics of monopoly.
State the advantage of monopolistic competition over monopoly.
Identify the market form for the following:
Railways in India.
Give an example of monopoly.
