Question
In an oligopoly, firms consider the reactions of rival
firms before changing their output or price. This is known as:Solution
Solution: Oligopoly markets are characterized by few large firms, so each firm’s decisions affect others. Because of this, firms anticipate reactions of rivals before making pricing or output decisions. This behavior is called strategic interdependence. Price leadership and collusion are specific strategies within oligopoly.
Which of the following is a technology-based program that was implemented to ensure a direct technological connection between laboratories and the agric...
Which of the following is main objective of puddling in paddy? Â
What is the end product of the nitrification process in the nitrogen cycle?
Angoumois belongs to which orderÂ
When water is available for three irrigation in wheat , than it should apply to.Â
Which one of the following is mass approach in extension and communication?
Which of the following fatty acid is majorly present in Coccus nucifera?
First Krishi Vigyan Kendra was established at……….. under the administrative control of TNAU
According to National Forest Policy, 1988; the minimum forest cover should be maintained
The rural development projects and men behind them are listed below. Which of the following is correctly matched?
1.      Bhoodan Movement...