मराठी

State the market form of the following commodity. Shampoos - Economic Applications

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प्रश्न

State the market form of the following commodity.

Shampoos

एका वाक्यात उत्तर
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उत्तर

The market form of shampoos is monopolistic competition.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Nature and Structure of Markets - QUESTIONS [पृष्ठ १३८]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 5 Nature and Structure of Markets
QUESTIONS | Q 22. (iii) | पृष्ठ १३८
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 5 Meaning and Types of Markets
Exercise | Q 21. (iii) | पृष्ठ ११६

संबंधित प्रश्‍न

The image above shows a departmental store of a market structure.

  1. Identify the form of market as observed from the above image.
  2. Discuss the features of this market form with respect to:
    1. Type of product
    2. Entry and exit of firms
    3. Selling cost

Differentiated products is a characteristic of ______.


In monopolistic competition, there are ______.


Match the following and select the correct option: 

  Column I   Column II
(i) Perfect competition (A) Differentiated Products
(ii) Monopoly (B) Few large firms
(iii) Monopolistic Competition (C) Single seller
(iv) Oligopoly (D) Homogeneous products

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 one of the following is NOT found in a perfectly competition market?


A holiday resort in a remote village is very popular among the tourists. Since the connectivity is very poor with the outer world, the owner employs the local villagers for the functioning of the resort.

This is a case of:


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.


Give an example of oligopoly. 


Define product differentiation.


State the advantage of monopolistic competition over monopoly. 


Identify the market form for the item given below:

A single seller


Identify the market form for the item given below:

Product differentiation


Identify the market form for the item given below:

A single buyer


Give an example of monopoly.


Mention one feature of a monopoly market.


Which statement correctly describes monopsony?


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