Question
When 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.
If sets A and B contain 4 and 5 elements respectively, then the total number of binary relations from A to B is:
A, B and C started a online education website by investing Rs.30,000, Rs.45,000 and Rs.60,000 respectively. Find the share of A’s, out of an annual pr...
The compound interest earned on an investment of Rs. 'Y' over 2 years at an annual compound interest rate of 12%, compounded yearly, amounts to Rs. 1,27...
Person 'X' can complete a task in 30 days when working at full efficiency, while person 'Y' can finish the same task in 50 days at full efficiency. If '...
A and B invested ₹50,000 and ₹75,000, respectively, in a business. After 6 months, A withdrew ₹10,000, and B added ₹25,000. At the end of the ye...
Find the area of the triangle formed by the points A(1, 2), B(4, 6), and C(5, 1).
If 'P' represents the largest single-digit prime number, determine the fourth proportional to the numbers (P + 3), (P - 2), and (P + 5).
If a + b + c = 0, find the value of a³ + b³ + c³ .
A and B together can complete a work in 12 days. B alone can complete the same work in 30 days. In how many days will A alone complete the work?
Simplify: (x4 X x9 X x-6 X x5 X x-7).
A. x ⁷
B. x 1
C.�...