Description : A market situation in which there are only a few sellers & each seller can influence its price output policy is called 1. Oligopoly 2. Monopoly 3. Monopolistic 4. Duopoly 5. None of these
Last Answer : Oligopoly
Description : In monopoly there are / is 1. Few sellers 2. one seller 3. Many sellers 4. few buyers 5. None of these
Last Answer : one seller
Description : What type of competitive structure exists when a few sellers control a large portion of the supply of a product ? 1. Monopoly 2. Oligopoly 3. Mixed competition 4. Perfect competition 5. None of these
Description : Buyers and Sellers will have perfect knowledge of market conditions under - (1) Duopoly (2) Perfect competition (3) Monopolistic competition (4) Oligopoly
Last Answer : (1) Duopoly Explanation: Complete market information is one of the main features of Perfect Competition. This condition implies close contact between buyers and sellers. Both of them possess complete knowledge ... being bought and sold, and the prices at which others are prepared to buy or sell.
Description : Buyers and Sellers will have perfect knowledge of market conditions under (1) Duopoly (2) Perfect competition (3) Monopolistic competition (4) Oligopoly
Last Answer : Duopoly
Description : Bilateral monopoly refers to the market situation of - (1) two sellers, two buyers (2) one seller and two buyers (3) two sellers and one buyer (4) one seller and one buyer
Last Answer : (4) one seller and one buyer Explanation: In a bilateral monopoly there is both a monopoly (a single seller) and monopsony (a single buyer) in the same market. The one supplier tends to act ... buyer looks towards paying a price that is as low as possible. Since both parties have conflicting goals,
Description : Bilateral monopoly refers to the market situation of (1) two sellers, two buyers (2) one seller and two buyers (3) two sellers and one buyer (4) one seller and one buyer
Last Answer : one seller and one buyer
Description : Which of the following sentences is true ? 1. Marketing is not required in a Buyer's Market 2. Marketing is not required in a Seller's Market 3. Marketing is not required due to competition 4. Marketing is not required due to liberalization 5. Marketing is not required due to globalization
Last Answer : Marketing is not required in a Seller's Market
Description : Bilateral monopoly situation is (1) when there are only two sellers of a product (2) when there are only two buyers of a product (3) when there is only one buyer and one seller of a product (4) when there are two buyers and two sellers of a product
Last Answer : (3) when there is only one buyer and one seller of a product Explanation: Bilateral monopoly is a market consisting of a single seller (monopolist) and a single buyer (monopsonist).For example, ... . The equilibrium in such a market cannot be determined by the traditional tools of demand and supply.
Description : Monopoly means - (1) single buyer (2) many sellers (3) single seller (4) many buyers
Last Answer : (3) single seller Explanation: A Monopoly exists when a specific person or enterprise is the only supplier of a particular commodity, This contrasts with a monopsony which relates to a single entity ... lack of economic competition to produce the good or service and a lack of viable substitute goods
Description : The seller is required to supply the goods which shall be fit for buyer's purpose where the A. Seller is the sole distributor of goods sold. B. Seller knows the particular purpose of buyer. ... and relies upon seller's skill and judgement. D. Buyer is uneducated and the person of rural background.
Last Answer : B. Seller knows the particular purpose of buyer.
Last Answer : when there is only one buyer and one seller of a product
Description : Monopoly means (1) single buyer (2) many sellers (3) single seller (4) many buyers
Last Answer : single seller
Description : The primary purpose of a broker is to 1. take title to a producer's goods before selling them to retailers or consumers 2. sell directly to the final consumer 3. supply products in ... , trusting relationships with buyers 4. sell delivery to producers 5. bring buyers and sellers together
Last Answer : bring buyers and sellers together
Description : Marketing efforts are specifically aimed a : 1. Distributing "someting of value" to buyers and sellers 2. Facilitating satisfying exchange relationships 3. Developing new products for target markets 4. Understanding buyer behaviour to meet buyer needs 5. None of these
Last Answer : Facilitating satisfying exchange relationships
Description : A 'Target Group' in Marketing means ______ 1. To whom the sales should be directed 2. A group of sellers 3. A group of buyers 4. A group of Producers 5. All the above
Last Answer : To whom the sales should be directed
Description : which is an online platform operated by a third party and is open to buyers or sellers in a particular industry. * vertical and horizontal e-marketplace. supplier-oriented marketplace. buyer-oriented marketplace. B2B independent e-marketplace
Last Answer : B2B independent e-marketplace
Description : . A portal which is an online platform operated by a third party and is open to buyers or sellers in a particular industry is a: * vertical and horizontal e-marketplace. supplier-oriented marketplace. buyer-oriented marketplace. B2B independent e-marketplace
Description : A portal which is an online platform operated by a third party and is open to buyers or sellers in a particular industry is a: A. vertical and horizontal e-marketplace. B. supplier-oriented marketplace ... -oriented marketplace. D. B2B independent e-marketplace. E. None of the above. Ans: D
Last Answer : D. B2B independent e-marketplace
Description : which is an online platform operated by a third party and is open to buyers or sellers in a particular industry. A.vertical and horizontal e-marketplace. B.supplier-oriented marketplace. C.buyer-oriented marketplace. D.B2B independent e-marketplace. Answer: D
Last Answer : D.B2B independent e-marketplace.
Description : What type of competitive structure exists when a few sellers control a large portion of the supply of a product? A)Monopoly B)Oligopoly C)Monopolistic Competition D)Mixed Competition E)Perfect Competition
Last Answer : B)Oligopoly
Description : One of the essential conditions of perfect competition is : (1) product differentiation (2) multiplicity of prices for identical products at any one time. (3) many sellers and a few buyers. (4) Only one price for identical goods at any one time.
Last Answer : (4) Only one price for identical goods at any one time. Explanation: The fundamental condition of perfect competition is that there must be a large number of sellers or firms. ... perfect competition, the control over price is completely eliminated because all firms produce homogeneous commodities.
Last Answer : Only one price for identical goods at any one time.
Description : A market in which only two firms exist is called 1. Oligopoly 2. Duopoly 3. Duopsony 4. Oligopsony 5. None of these
Description : The type of competitive structure that exists when a firm with many potential competitors attempts to develop a differential marketing strategy to establish its own market share is 1. mixed competition 2. oligopoly 3. monopolistic competition 4. perfect competition 5. none of these
Last Answer : perfect competition
Description : Market segmentation means– (A) Grouping of buyers (B) Grouping of sellers (C) Grouping of middle men (D) Grouping of producers
Last Answer : Answer: Grouping of buyers
Description : In a Capitalistic Economy, the prices are determined by : (1) Demand and Supply (2) Government Authorities (3) Buyers in the Market (4) Sellers in the Market
Last Answer : (1) Demand and Supply Explanation: Capitalism generally refers to economic system in which the means of production are largely or entirely privately owned and operated for a profit, structured on the ... and services lead to higher prices and lower demand for certain goods lead to lower prices.
Description : In a pure market economy, which of the following is a function of the price? I. provide information to sellers and buyers , II. provide incentives to sellers and buyers a. I only b. II only c. both I and II d. neither I nor II
Last Answer : c. both I and II
Description : Which of these is not an essential feature of a market (a) Buyers ; (b) Sellers ; (c) Commodity ; (d) Building with loading and unloading facilities
Last Answer : (d) Building with loading and unloading facilities
Description : Which of the following is/are an essential feature of the market (a) Buyers ; (b) Sellers ; (c) Price ; (d) All the three
Last Answer : (d) All the three
Last Answer : Demand and Supply
Description : Do you trust the market buyers or seller from Facebook Market in your place?
Last Answer : I buy from Facebook seller that are near my location but mine is that I visit the stores to buy from them offline. Well, I don't want to accuse only my country for this because it is ... for so i just stick to the knowing about them online but assessing and actually paying for it offline.
Description : Market with one buyer and one seller 1. Monopoly 2. Bi monopoly 3. Bilateral Monopoly 4. All the above 5. None of these
Last Answer : Bilateral Monopoly
Description : A monopolist is a market with one seller" is given by 1. P C Dooley 2. A J Braff 3. Letwitch Observes 4. All the above 5. None of these
Last Answer : P C Dooley
Description : A bilateral monopoly is a market structure consisting of both a monopoly (a single seller) and a ____(a single buyer). 1. Monopsony 2. Biopoly 3. Triple poly 4. multipoly 5. multisony
Last Answer : Monopsony
Description : What type of competitive structure exists when a firm produces a product that has no close substitutes ? 1. Monopoly 2. Oligopoly 3. Perfect Competition 4. Mixed Competition 5. None of these
Last Answer : Monopoly
Description : A market in which there are a few number of large firms is called as (1) Duopoly (2) Competition (3) Oligopoly (4) Monopoly
Last Answer : (3) Oligopoly Explanation: Duopoly means a market in which two producers of the same good are predominantly powerful. In some theries, the term is used specifically to denote the existence of only two suppliers of a good.
Description : If the total production in an economy is produced by “a few big firms” than this market is known as (a) Monopolistic Competition (b) Duopoly (c) Oligopoly (d) Discriminating Monopoly
Last Answer : (b) Duopoly
Description : If the total production in an economy for a product is produced by a few big firms, then this market is known as : (a) Monopolistic Competition (b) Oligopoly (c) Duopoly (d) Discriminating Monopoly
Description : In the beer industry, a few large brewers supply the majority of the market. The brewing industry is an example of which of the following competitive structures: A)Monopoly B)Oligopoly C)Monopolistic Competition D)Perfect Competition E)Monopsony
Description : Number of sellers in the monopoly market structure is - (1) few (2) large (3) one (4) two
Last Answer : (3) one Explanation: Monopoly refers to a market in which there is only one supplier and no other firms are able to enter.
Description : Number of sellers in the monopoly market structure is (1) few (2) large (3) one (4) two
Last Answer : one
Description : For any EBAY sellers on here, do you see the buyer's credit card number?
Last Answer : No but it’s usually paid through PayPal.
Description : How can I get a finder fee for connecting real estate buyers with sellers Nevada and Arizona and Florida and California?
Last Answer : Not as an agent I meanAs a regular person who for example has a friend wanting a house and found one for them the buyer is interested inAs an intermediary which the business license dept said theres not state or city license required as an independent contractor 1099m if getting money from investors
Description : Perfect competition means - (1) large number of buyers and less sellers (2) large number of buyers and sellers (3) large number of sellers and less buyers (4) None of these
Last Answer : (2) large number of buyers and sellers Explanation: The fundamental condition of perfect competition is that there must be a large number of sellers or firms. Homogeneous Commodity is the second fundamental condition of a perfect market.
Description : When there is one buyer and many sellers then that situation is called - (1) Monopoly (2) Single buyer right (3) Down right (4) Double buyers right
Last Answer : (2) Single buyer right Explanation: In economics, a monopsony (mono: single) is a market form in which only one buyer faces many sellers. It is an example of imperfect competition, ... of a monopsony. Another possible monopsony could develop in the exchange between the food industry and farmers.
Description : Which form of E-marketplace brings together buyers and sellers form the same industry? a) Horizontal b) Vertical c) Integrated d) Inclined
Last Answer : b) Vertical
Description : Which form of e-marketplace brings together buyers and sellers from the same industry? a. horizontal b. Vertical c. Integrated d. Inclined
Last Answer : a. horizontal
Description : Which form of e-marketplace brings together buyers and sellers from the same industry? a. horizontal b. Verticalc.Integrated d.Inclined