Question
As the degree of product differentiation increases among
the products sold in a monopolistically competitive industry, which of the following occurs?Solution
As the degree of product differentiation increases among the products sold in a monopolistically competitive industry, each seller's demand becomes more inelastic. This is because products now no longer have close substitutes so demand becomes more inelastic.
What is Grouped data based on class intervals represented on a graph called?
Pyricularin produced by Pyricularia oryzae causes:
The 'equivalent basicity' of the fertilizer Sodium nitrate is:
In the G1 phase of cell cycle, each chromosome has chromatid(s).
The markets dealing with agricultural commodities at district level headquarters are called?
Ability of a pathogen to cause infection (disease) is known as
Indian Institute of Sugarcane Research (IISR) is situated in
A plan of action for a business is known as a:
When an allele of one gene hides or masks the visible output, or phenotype, of another gene it is known as:
What is the premium rate payable by PMFBY beneficiaries for Rabi crops (% of SI or Actuarial rate)?
