मराठी

State the market form of the following commodity. Fighter Aircrafts

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प्रश्न

State the market form of the following commodity.

Fighter Aircrafts

एका वाक्यात उत्तर
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उत्तर

The market form for fighter aircrafts is monopsony.

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पाठ 5: Meaning and Types of Markets - Exercise [पृष्ठ १३८]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 5 Meaning and Types of Markets
Exercise | Q 21. (iv) | पृष्ठ १३८
गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 5 Nature and Structure of Markets
QUESTIONS | Q 22. (iv) | पृष्ठ १५२

संबंधित प्रश्‍न

When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.


What is the shape of the demand curve faced by any monopoly firm? Support your answer with a diagram.


“While shopping for fruits in the local market you see many seller selling fruits”. In this context answer the following:

  1. What is the type of market referred to?
  2. State and draw the type of demand curve faced by the market above.
  3. Differentiate between the market indicated above and monopoly on the basis of:
    1. No. of sellers
    2. Market price
    3. Entry and exit of firms in the market

Observe the relationship of the first pair of words and complete the second pair.

Single seller in the market : Monopoly

Single buyer in the market : ______


Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?


Which among the following is a feature of monopsony market?


Read the given statements carefully and select the correct option.

  1. The number of sellers under oligopoly are small.
  2. In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.

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

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 advantage of monopolistic competition over monopoly. 


In which form of market is the seller a price taker? Justify your answer. 


Identify the market form of the following:

Market for toilet soaps in India.


State the market form of the following commodity.

Shampoos


Give an example of price discrimination.


Which type of market structure is the following? Give reason.

Mobile phone services


Monopolistic competition is the perfect blending of monopoly and perfect competition. Explain.


There are a large number of buyers and sellers under a ______ market.


Mention one feature of a monopoly market.


In which market form is there a single seller and no close substitutes for the product?


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