Question
In a situation where coffee bean prices doubled,
resulting in the price of coffee doubling as well, consumers may switch to tea, where the prices remained stable. This collective marketplace likely has which type of competition?Solution
Monopolistic competition means there are many sellers who compete with product substitutes.
The World Meteorological Day is held annually on____
Under PMFBY, the maximum insurance charges payable by farmer for annual commercial or horticultural crops is __% of SI or Actuarial rate, whichever is l...
Plant available potassium refers to:
The process of removing the green colouring (known as chlorophyll) from the skin of citrus fruit. This is achieved by introducing measured amounts of et...
Movement of leaves of sensitive plant, Mimosa pudica are due to
Temperature for homogenisation of milk
Which industrial processing method is most effective for making dried potato flakes?
The predominant sugar in insect hemolymph isÂ
Wilting of seedlings (also called kresek) is a damaging symptom of which disease in rice?
The substance that is added to make natural rubber strong and more bouncy is-
