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प्रश्न
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
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उत्तर
The market form in which the Government of India is the sole buyer of fighter aircraft is known as a monopsony.
संबंधित प्रश्न
Following is the feature of perfect competition:
'Homogeneous products' is a characteristic of ______.
Marginal revenue of a firm is constant throughout under:
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 |
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Imperfect knowledge is a characteristic feature of:
Match the following:
| Column I | Column II | ||
| A. | Demand curve under perfect competition | (i) | Indeterminate demand curve |
| B. | Demand curve under monopoly | (ii) | Downward sloping but less elastic |
| C. | Demand curve under monopolistic competition | (iii) | Horizontal straight line |
| D. | Demand curve under oligopoly | (iv) | Elastic demand curve |
Give an example of oligopoly.
What are selling costs?
Identify the market form of the following:
Market for toilet soaps in India.
State the market form of the following commodity.
Shampoos
Give an example of price discrimination.
Which type of market structure is the following? Give reason.
Lipstick
What is meant by the term ‘price taker’?
What induces new firms to enter an industry?
Identify the market form from the following.
Price discrimination
Identify the market form from the following:
A few large sellers
Which feature best distinguishes monopolistic competition from perfect competition?
In which type of market are firms interdependent and a few large firms dominate?
Which statement correctly describes monopsony?
