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प्रश्न
Which of the following market types has the fewest number of firms?
पर्याय
Perfect Competition
Monopoly
Monopolistic competition
Monopsony
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उत्तर
Monopoly
Explanation:
A monopolistic market has the fewest number of enterprises since only one firm controls the whole market. This firm is the only manufacturer or provider of a product or service, as opposed to other market categories that have several enterprises.
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संबंधित प्रश्न
Discuss any two features of a monopolistically competitive market.
Which two forms of market earn normal profit in the long run?
How is Perfect competitive market is different from a monopoly 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’.
What is the shape of the demand curve faced by any monopoly firm? Support your answer with a diagram.
Following is the feature of perfect competition:
A monopolist is price maker:
What is meant by pure competition?
Give an example of monopsony.
There are a large number of buyers and sellers under a ______ market.
