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प्रश्न
State the market form of the following commodity.
Shampoos
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उत्तर
The market form of shampoos is monopolistic competition.
संबंधित प्रश्न
In which type of market price discrimination is practiced? Explain with an example.
Justify the following statement with any two valid arguments. 'In a perfect competition market structure, an individual firm does not have any role in determining price’.
Following is not the feature of perfect competition:
In monopolistic competition, there are ______.
Indian Railways is an example of ______.
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Perfectly elastic demand | (A) | Oligopoly |
| (ii) | Less elastic demand | (B) | Monopolistic competition |
| (iii) | More elastic demand | (C) | Perfect competition |
| (iv) | Indeterminate demand | (D) | Monopoly |
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
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.
Read the following statements carefully and choose the correct alternative:
Assertion (A): Buyers are ready to pay different prices for the product produced by different firms under perfect competition.
Reason (R): The products offered for sale in the perfect market are homogeneous.
Why is there no need for selling cost under perfect competition?
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
Identify the market form for the item given below:
Product differentiation
Identify the market form for the item given below:
A single buyer
Which type of market structure is the following? Give reason.
Mobile phone services
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?
Mention one feature of a monopoly market.
