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प्रश्न
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 |
पर्याय
(i) C, (ii) D, (iii) B, (iv) A
(i) C, (ii) A, (iii) D, (iv) B
(i) D, (ii) C, (iii) B, (iv) A
(i) B, (ii) D, (iii) A, (iv) C
MCQ
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उत्तर
(i) C, (ii) D, (iii) B, (iv) A
Explanation:
| Column I | Column II | ||
| (i) | Perfectly elastic demand | (C) | Perfect competition |
| (ii) | Less elastic demand | (D) | Monopoly |
| (iii) | More elastic demand | (B) | Monopolistic competition |
| (iv) | Indeterminate demand | (A) | Oligopoly |
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संबंधित प्रश्न
Identify the market having a single buyer and many sellers from the following:
'A few big sellers' is a characteristic of ______.
A monopolist is price maker:
Match the following:
| Column I | Column II | ||
| A. | Monopoly | (i) | Availability of close substitutes |
| B. | Oligopoly | (ii) | Absence of close substitutes |
| C. | Perfect competition | (iii) | Few large sellers |
| D. | Monopolistic competition | (iv) | Homogeneous products |
Define perfect competition.
There are no substitute goods in a monopoly market. Give a reason to support your answer.
State the advantage of monopolistic competition over monopoly.
Define monopoly.
Explain the main characteristics of a monopoly.
Identify the market form from the following.
Firm is a price maker.
