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प्रश्न
Which of the following is the least competitive market?
पर्याय
Farming
Indian Railways
Air India
Mcdonald's
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उत्तर
Indian Railways
Explanation:
Indian Railways runs as a monopoly, with just one provider of train services in the country, making it the least competitive market. Unlike farming, Air India, and McDonald's, which compete in their own marketplaces, Indian Railways has no direct competitors in the rail transit industry.
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संबंधित प्रश्न
Define Discriminating Monopoly.
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 among the following is a feature of monopsony market?
Read the following statements carefully and choose the correct alternative:
Assertion (A): Under Perfect Competition, each firm faces a perfectly elastic demand curve.
Reason (R): Firm is a price maker under perfect competition.
Give an example of oligopoly.
Discuss any four differences between monopoly and monopolistic competition.
To which market form are homogeneous products relevant?
What is the effect on price when a perfectly competitive firm tries to sell more?
What is the difference between collusive and non-collusive oligopoly?
Identify the market form from the following.
Firm is a price maker.
