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.
Which of the following Acts provided a system of federal rule in India?
Where in India, the amazon has launched its first Amazon Future Engineer Maker Space?
At present, who among the following is the commerce and Industry Minister in the Union Cabinet?
Which financial institution recently received approval from the National Company Law Tribunal (NCLT) for a merger with Northeast Small Finance Bank (NES...
Who is considered the hero in Kalidasa's Malvikagnimitram, referred to as "Raja"?
India bagged as many as 10 medals in the first Wushu Sanda Asian Cup. This tournament was organized in
Which year is referred to as the 'Year of the Great Divide' regarding population trends in India?
The Kailasanathar temple at Kanchipuram was built during the rule of:
Kisan Vikas Patra was reintroduced in which year?
What is the rank of West Bengal in terms of its share in India’s national GDP in 2023-24, compared to its share in 1960-61?
