Question
When there is one buyer and larger number of sellers,
the market condition is known asSolution
Oligopoly- there are many buyers but few sellers. •      Oligopsony- is a market form in which the number of buyers is small while the number of sellers in theory could be large. •      Perfect Market - a theoretical market in which buyers and sellers are so numerous and well informed that monopoly is absent and market prices cannot be manipulated. •      Duopoly -A duopoly is a type of oligopoly where two firms have dominant or exclusive control over a market. It is the most commonly studied form of oligopoly due to its simplicity. •      Monopsony-a monopsony is a market structure in which a single buyer substantially controls the market as the major purchaser of goods and services offered by many would-be sellers.
Who among the following athletes has won the men's 100 meters sprint at the recently concluded IAAF World Athletics Championships in London?
Which of the following nations assumed the Chairmanship of the Council of Regional Anti-Terrorist Structure of Shanghai Cooperation Organization (RATS ...
In India, which of the following modes of transportation reduces trans-shipment losses and delays in supply of petroleum and gas?
The famous ‘Pashupatinath Temple’ is located in which country from the following?
On which of the following days the ‘National Energy Conservation Day’ is being observed annually?
Match the following subject matters with their concerned Articles.
Which of the following is the most gender equal country, according to Global Gender Gap Report 2021?
The human eyeball is composed of three layers. The correct sequence of the layers from exterior to interior is
Which of the following has acquired Ed-tech platform White Hat Jr?Â
Tess of the d'Urbervilles’ was written by:
Relevant for Exams:
