Price maker firms exist under ________________ competition.
Monopolistic competition
Perfect competition
Monopoly
Oligopoly
Market needs to exist in some geographical place. This statement is.
Absolutely true
Absolutely false
Only partially correct
Available information is incomplete
Goods market is where _______________ sold.
Only good
Only services
Goods and services
None of these
In a socialist country all the means of production are owned and operated by_____________.
Private sector
Public sector
Both
Industry refers to ________________
Single firm
Two firms
Group firms
_________________ are the extreme forms of the market.
a and b
The monopoly firm is a ____________.
Price maker
Price taker
Both of the above
Larger is the number of sellers ________________ would be the power of the firm to influence the price.
Smaller
Larger
Constant
________________is one of the status which succesfully implemented land reforms.
Bihar
Punjab
U.P
Kerala
A large inercase in the production of food grains offer independent is called______________.
Green revolution
Operation flood
Brown revolution
