मराठी

Which market form has the least number of producers?

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प्रश्न

Which market form has the least number of producers?

एक शब्द/वाक्यांश उत्तर
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उत्तर

Monopoly

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पाठ 5: Meaning and Types of Markets - QUESTION BANK [पृष्ठ १४०]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 5 Meaning and Types of Markets
QUESTION BANK | Q 12. | पृष्ठ १४०
गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 5 Nature and Structure of Markets
QUESTION BANK | Q 10. | पृष्ठ १५४

संबंधित प्रश्‍न

“While shopping for fruits in the local market you see many seller selling fruits”. In this context answer the following:

  1. What is the type of market referred to?
  2. State and draw the type of demand curve faced by the market above.
  3. Differentiate between the market indicated above and monopoly on the basis of:
    1. No. of sellers
    2. Market price
    3. Entry and exit of firms in the market

In monopolistic competition, there are ______.


Indian Oil Corporation Limited is an example of a/an ______.


There is no difference between perfect competition and pure competition.


Which of the following statements are true?

  1. Monopolistically competitive markets have high selling costs.
  2. Monopolistically competitive markets sell homogeneous goods.
  3. Any firm can start a business in a monopolistically competitive market.

Read the given statements carefully and select the correct option.

  1. The number of sellers under oligopoly are small.
  2. In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.

Imperfect knowledge is a characteristic feature of:


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


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.


In which form of market is the seller a price taker? Justify your answer. 


Identify the market form of the following:

The Government of India is the sole buyer of fighter aircrafts.


Give an example of price discrimination.


What do you mean by homogeneous products?


What is meant by the term ‘price taker’?


What induces new firms to enter an industry?


What is meant by barriers to entry?


Identify the market form from the following:

A few large sellers


Mention one feature of a monopoly market.


Why do producers incur high selling costs in an imperfect market?


What is a price making firm?


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