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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
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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 |
APPEARS IN
संबंधित प्रश्न
A monopolist is price maker:
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 |
Read the following statements carefully and choose the correct alternative:
Assertion (A): Under Perfect Competition, each firm faces a perfectly elastic demand curve.
Reason (R): Firm is a price maker under perfect competition.
State the market form of the following commodity.
Automobiles
Define monopoly.
Give an example of monopoly.
What is the effect on price when a perfectly competitive firm tries to sell more?
Identify the market form from the following.
Firm is a price maker.
Which feature best distinguishes monopolistic competition from perfect competition?
In which type of market are firms interdependent and a few large firms dominate?
