Advertisements
Advertisements
प्रश्न
What is meant by barriers to entry?
Advertisements
उत्तर
Barriers to entry means something that prevents the new firms from entering the industry (or market).
संबंधित प्रश्न
Explain three features of Perfect competitive market.
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:
A seller cannot influence the market price under:
"The price of a product under perfect competition is determined by an individual seller."
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
The monopolist's downward sloping demand curve means that it can increase sales only by changing a lower price.
Identify the market form for seller A on the basis of the following information:
| Units of output sold | Price offered by seller A in ₹ |
| 30 | 10 |
| 40 | 10 |
| 50 | 10 |
What is meant by pure competition?
State two important characteristics of monopoly.
State the advantage of monopolistic competition over monopoly.
Identify the market form for the following:
Railways in India.
Give an example of price discrimination.
Which type of market structure is the following? Give reason.
Mobile phone services
Which type of market structure is the following? Give reason.
Soft drinks
In what respects does oligopoly differ from monopoly?
Identify the market form from the following:
A few large sellers
Why do producers incur high selling costs in an imperfect market?
