Advertisements
Advertisements
प्रश्न
Which type of market structure is the following? Give reason.
Scooters
Advertisements
उत्तर
The market structure for scooters is oligopoly.
Reason:
- The scooter market is dominated by a few major players, including Honda, Yamaha, TVS, and Vespa, which control an important part of the market.
- These companies provide differentiated products with distinguishing characteristics such as fuel efficiency, engine power, and design.
- While they have some price power, they must also consider their competitors' pricing and strategies, as usual in an oligopoly market.
APPEARS IN
संबंधित प्रश्न
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
Following is the feature of perfect competition:
Which one of the following is NOT found in a perfectly competition market?
Mention two features of monopoly.
Give an example of monopsony.
Identify the market form of the following:
Motor car market in India.
Identify the market form for the item given below:
A single buyer
Monopolistic competition is the perfect blending of monopoly and perfect competition. Explain.
What is meant by barriers to entry?
In which type of market are firms interdependent and a few large firms dominate?
