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Perfect Competition: Perfect competition is a market system characterized by many different buyers and sellers. With so many market players, it is impossible for any one participant to alter the prevailing price in the market. Monopoly: A monopoly is the exact opposite form of market system as perfect competition. In a pure monopoly, there is only one producer of a particular good or service, and generally no reasonable substitute. Oligopoly: An oligopoly is similar in many ways to a monopoly. The primary difference is that rather than having only one producer of a good or service, there are a handful of producers, or at least a handful of producers that make up a dominant majority of the production in the market system. Monopolistic Competition: Like a perfectly competitive market system, there are numerous competitors in the market. The difference is that each competitor is sufficiently differentiated from the others that some can charge greater prices than a perfectly competitive firm. Monopsony: Market systems are not only differentiated according to the number of suppliers in the market. They may also be differentiated according to the number of buyers.
Immature fruits turned into desirable colour and flavour, edible, palatable with ethylene treatment
Which of the following is not a type of gymnosperm?
SRI method introduced in India for cultivation of
Why are forests important for mitigating climate change?
---------------is a method where new genes are introduced into an organism's chromosomes to change its genetic makeup?
Jackfruit is propagated through
……………… is the apex body in India for research and education pertaining to Agriculture?
Pure forest is a type of forest in which composition of one species not less than ____
Feed is given to the newborn calf. What is daily weight gain of well-fed crossbreed calf?
Which of the following pairs are correctly matched?
1. Brown spot of rice Helminthosporium oryzae
2. Karna...