Advertisements
Advertisements
प्रश्न
In monopolistic competition, there are ______.
पर्याय
Few firms selling differentiated products.
Large number of firms selling differentiated products.
Large number of firms selling homogeneous products.
Few firms selling a homogeneous products.
Advertisements
उत्तर
In monopolistic competition, there are large number of firms selling differentiated products.
Explanation:
The monopolistic competition involves many enterprises, each selling a differentiated product. These products are similar but not identical, allowing businesses to maintain some pricing control while competing in the marketplace.
संबंधित प्रश्न
Define Discriminating Monopoly.
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
Indian Railways is an example of ______.
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
The seller in a monopoly market is a price maker.
Identify the market form for seller A on the basis of the following information:
| Units of output sold | Price offered by seller A in ₹ |
| 30 | 10 |
| 40 | 10 |
| 50 | 10 |
Producers in a monopoly are price makers. Briefly explain.
Give three points of difference between perfect competition and monopoly.
State the market form of the following commodity.
Automobiles
State the market form of the following commodity.
Shampoos
Identify the market form for the item given below:
A single buyer
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Define monopoly.
Give an example of price discrimination.
Which type of market structure is the following? Give reason.
Scooters
Which type of market structure is the following? Give reason.
Lipstick
What is the difference between perfect and imperfect oligopoly?
Identify the market form from the following.
Price discrimination
Why do producers incur high selling costs in an imperfect market?
