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प्रश्न
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 |
पर्याय
A. (iv), B. (ii), C. (iii), D. (i)
A. (iii), B. (i), C. (ii), D. (iv)
A. (ii), B. (iii), C. (iv), D. (i)
A. (i), B. (ii), C. (iii), D. (iv)
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उत्तर
A. (ii), B. (iii), C. (iv), D. (i)
Explanation:
| Column I | Column II | ||
| A. | Monopoly | (ii) | Absence of close substitutes |
| B. | Oligopoly | (iii) | Few large sellers |
| C. | Perfect competition | (iv) | Homogeneous products |
| D. | Monopolistic competition | (i) | Availability of close substitutes |
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संबंधित प्रश्न
'A few big sellers' is a characteristic 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.
Products sold by each firm in a perfectly competitive market are perfect substitutes of each other.
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 |
State two important characteristics of monopoly.
Identify the market form of the following:
Goods sold are homogeneous.
Give an example of monopoly.
Which type of market structure is the following? Give reason.
Scooters
Product differentiation is practised in monopolistic competition? Give reasons.
