Question
In which market structure does a firm have the autonomy
to set prices?Solution
In a monopoly market structure, a single firm controls the entire market supply, granting it the power to set prices without direct competition. This unique position allows the monopolist to influence market prices significantly, often leading to higher prices for consumers due to the lack of alternative suppliers.
find the value of 5+55+55+555+…………..+ n terms
Out of four numbers the average of the first three is 16 and that of the last three is 15. If the last number is 20 then the first number is
Find the average of first 24 whole numbers.
In a kilometre race, A beats B by 30 metres or 6 seconds. Find the time taken by A to finish the race?
 How many numbers up to 800 are divisible by both 3 and 5?
A shepherd owns two types of cattle: cows and sheep. After selling 40% of his cattle, he is left with a total of 90 cows and sheep. How many cattle did ...
The cube of the difference between two given natural numbers is 1000, while the product of these two given numbers is 56. Find the positive difference b...
Determine the sum of the first 16 odd numbers.
The remainder obtained when (47³ + 35³) is divided by 41 isÂ
The difference between a number and its four – seventh is 60. What is the number?