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प्रश्न
Identify the market form for the following:
Perfectly elastic demand.
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उत्तर
The market form associated with perfectly elastic demand is perfect competition.
संबंधित प्रश्न
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
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.
'A few big sellers' is a characteristic of ______.
A seller cannot influence the market price under:
In monopolistic competition, there are ______.
A monopolist is price maker:
There is no difference between perfect competition and pure competition.
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Perfectly elastic demand | (A) | Oligopoly |
| (ii) | Less elastic demand | (B) | Monopolistic competition |
| (iii) | More elastic demand | (C) | Perfect competition |
| (iv) | Indeterminate demand | (D) | Monopoly |
Imperfect knowledge is a characteristic feature of:
Define oligopoly.
Give an example of monopsony.
State two important characteristics of monopoly.
Define product differentiation.
State the advantage of monopolistic competition over monopoly.
Identify the market form for the item given below:
A single seller
Which type of market structure is the following? Give reason.
Scooters
To which market form are homogeneous products relevant?
There are a large number of buyers and sellers under a ______ market.
What is a price making firm?
