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प्रश्न
State the market form of the following commodity.
Railways
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उत्तर
The market form of railways is a monopoly.
संबंधित प्रश्न
Which two forms of market earn normal profit in the long run?
What is the shape of the demand curve faced by any monopoly firm? Support your answer with a diagram.
'A few big sellers' is a characteristic of ______.
In monopolistic competition, there are ______.
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
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 : ______
Products sold by each firm in a perfectly competitive market are perfect substitutes of each other.
The market structure which is characterised by a single producer of a commodity and when there are not close substitutes for that commodity:
Read the following statements carefully and choose the correct alternative:
Assertion (A): Price discrimination is possible under monopoly.
Reason (R): A monopolist can charge different prices in different markets because different sets of consumers - rich and poor - have different price elasticity of demand for the monopolist's product.
There are no substitute goods in a monopoly market. Give a reason to support your answer.
Give two characteristics of perfect competition.
State two important characteristics of monopoly.
Identify the market form for the item given below:
A single seller
Name the market in which there is a single buyer and many sellers. Give an example.
To which market is price discrimination relevant?
What is the difference between perfect and imperfect oligopoly?
Name the market which has characteristics both of monopoly and perfect competition.
Identify the market form from the following.
Price discrimination
