मराठी

'Homogeneous products' is a characteristic of ______.

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प्रश्न

'Homogeneous products' is a characteristic of ______.

पर्याय

  • Perfect competition only

  • Pure oligopoly only

  • Both Perfect competition only and Pure oligopoly only

  • None of the above

MCQ
रिकाम्या जागा भरा
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उत्तर

'Homogeneous products' is a characteristic of perfect competition only and pure oligopoly only.

Explanation:

Perfect competition and pure oligopoly both produce homogeneous products. In perfect competition, all businesses sell the same things with no differentiation. Similarly, in a true oligopoly, the few firms in the market provide similar products, with little difference between the items offered by different enterprises.

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पाठ 5: Nature and Structure of Markets - QUESTIONS [पृष्ठ १२९]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 5 Nature and Structure of Markets
QUESTIONS | Q 3. | पृष्ठ १२९
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 5 Meaning and Types of Markets
Exercise | Q 3. | पृष्ठ १३३

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