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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
Following is the feature of perfect competition:
Match the following and select the correct option.
| Column I | Column II | ||
| (i) | Perfectly elastic demand | (A) | Oligopoly |
| (ii) | Less elastic demand | (B) | Monopolistic competition |
| (iii) | More elastic demand | (C) | Perfect competition |
| (iv) | Indeterminate demand | (D) | Monopoly |
Which one of the following is NOT found in a perfectly competition market?
A holiday resort in a remote village is very popular among the tourists. Since the connectivity is very poor with the outer world, the owner employs the local villagers for the functioning of the resort.
This is a case of:
Producers in a monopoly are price makers. Briefly explain.
Identify the market form of the following:
Market for toilet soaps in India.
Identify the market form for the item given below:
A single seller
Which type of market structure is the following? Give reason.
Jeans
Which type of market structure is the following? Give reason.
Soft drinks
Why an individual firm under perfect competition cannot influence the market price?
