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प्रश्न
Which market form has the least number of producers?
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उत्तर
Monopoly
संबंधित प्रश्न
Explain three features of Perfect competitive market.
Firm A hires the services of Rohit Sharma to act as the Brand ambassador for its products X. Identify the nature of market for commodity X.
Following is not the feature of perfect competition:
Differentiated products is a characteristic of ______.
Indian Oil Corporation Limited is an example of a/an ______.
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 the following market types has the fewest number of firms?
Match the following:
| Column I | Column II | ||
| A. | Monopoly | (i) | Availability of close substitutes |
| B. | Oligopoly | (ii) | Absence of close substitutes |
| C. | Perfect competition | (iii) | Few large sellers |
| D. | Monopolistic competition | (iv) | Homogeneous products |
Match the following:
| Column I | Column II | ||
| A. | Demand curve under perfect competition | (i) | Indeterminate demand curve |
| B. | Demand curve under monopoly | (ii) | Downward sloping but less elastic |
| C. | Demand curve under monopolistic competition | (iii) | Horizontal straight line |
| D. | Demand curve under oligopoly | (iv) | Elastic demand curve |
Mention two features of monopoly.
There are no substitute goods in a monopoly market. Give a reason to support your answer.
Give an example of monopsony.
Identify the market form for the item given below:
Product differentiation
Identify the market form for the item given below:
A single buyer
Name the market in which there is a single buyer and many sellers.
Which type of market structure is the following? Give reason.
Trucks
Which type of market structure is the following? Give reason.
Mobile phone services
What does perfectly elastic demand curve faced by a competitive firm indicate?
Why do producers incur high selling costs in an imperfect market?
Which feature best distinguishes monopolistic competition from perfect competition?
