Goods market is where _______________ sold.
Only good
Only services
Goods and services
None of these
_________________ are the extreme forms of the market.
Monopoly
Perfect competition
Monopolistic competition
a and b
Perfect competition is characterized by ___________________
Large number of firms
Homogenous product
Individual firm can't influences price
All of these
A large inercase in the production of food grains offer independent is called______________.
Green revolution
Operation flood
Brown revolution
The monopoly firm is a ____________.
Price maker
Price taker
Both of the above
_________means fixing the maximum size of land owned by our individual.
Land reforms
Land settlement
Land ceiliving
Closed entry is the features of _______________ markets.
both a and b
Plannigs a special feature of_____________ economy.
Socialist
Capitalist
Mixed economy
Larger is the number of sellers ________________ would be the power of the firm to influence the price.
Smaller
Larger
Constant
Product homogeneity is a feature of _____________.
Imperfect competition
