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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
Which of the following is the least competitive market?
There are no substitute goods in a monopoly market. Give a reason to support your answer.
Define product differentiation.
Identify the market form for the following:
Textile industry in India.
Name the market in which there is a single buyer and many sellers. Give an example.
Explain any four features of perfect competition.
What is meant by the term ‘price taker’?
What induces new firms to enter an industry?
What is the effect on price when a perfectly competitive firm tries to sell more?
Why do producers incur high selling costs in an imperfect market?
