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प्रश्न
What induces new firms to enter an industry?
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उत्तर
Abnormal profit
संबंधित प्रश्न
Discuss any two features of a monopolistically competitive market.
Which two forms of market earn normal profit in the long run?
In which type of market price discrimination is practiced? Explain with an example.
Selling costs are absent in perfect competition market.
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 |
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 |
Which among the following is a feature of monopsony market?
What is meant by pure competition?
Give an example of monopsony.
Highlight the importance of selling costs in a monopolistically compatible market.
Identify the market form for the following:
Railways in India.
State the market form of the following commodity.
Shampoos
Identify the market form for the item given below:
A single seller
Explain any four features of perfect competition.
Which type of market structure is the following? Give reason.
Scooters
Which type of market structure is the following? Give reason.
Soft drinks
In what respects does oligopoly differ from monopoly?
Mention one feature of a monopoly market.
