Monopoly means (1) single buyer (2) many sellers (3) single seller (4) many buyers

Monopoly means (1) single buyer (2) many sellers (3) single seller (4) many buyers
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Monopoly means - (1) single buyer (2) many sellers (3) single seller (4) many buyers

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

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

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,

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

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.

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

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 : when there is only one buyer and one seller of a product

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

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

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

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.

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

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 :  Single buyer right 

In monopoly there are / is 1. Few sellers 2. one seller 3. Many sellers 4. few buyers 5. None of these

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

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. C. Buyer makes his purpose clear and relies upon seller's skill and judgement. D. Buyer is uneducated and the person of rural background.

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.

Market with one buyer and one seller is called A.Monopsony B.Monopoly C.Bilateral Monopoly D.None of the above

Description : Market with one buyer and one seller is called A.Monopsony B.Monopoly C.Bilateral Monopoly D.None of the above

Last Answer : C.Bilateral Monopoly

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

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

Oligopoly is a market organization in which there are 1. No seller 2. Few Buyers 3. Few Sellers 4. Many buyers 5. Many sellers

Description : Oligopoly is a market organization in which there are 1. No seller 2. Few Buyers 3. Few Sellers 4. Many buyers 5. Many sellers

Last Answer : Few Sellers

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

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.

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

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 : large number of buyers and sellers

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

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

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

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

. 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: *  vertical and horizontal e-marketplace.  supplier-oriented marketplace.  buyer-oriented marketplace.  B2B independent e-marketplace

Last Answer :  B2B independent e-marketplace

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. C. buyer-oriented marketplace. D. B2B independent e-marketplace. E. None of the above. Ans: D

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

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

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.

Marketing efforts are specifically aimed at: A)distributing "something of value" to buyers and sellers. B)facilitating satisfying exchange relationships. C)developing new products for target markets. D)understanding buyer behaviour to meet buyer needs.

Description : Marketing efforts are specifically aimed at: A)distributing "something of value" to buyers and sellers. B)facilitating satisfying exchange relationships. C)developing new products for target markets. D)understanding buyer behaviour to meet buyer needs.

Last Answer : B)facilitating satisfying exchange relationships.

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

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

What is the process in which a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by submitting successively lower bids until there is only one seller left? a. B2B marketplace b. Intranet c. Reverse auction d. Internet

Description : What is the process in which a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by submitting successively lower bids until there is only one seller left? a. B2B marketplace b. Intranet c. Reverse auction d. Internet

Last Answer : c. Reverse auction

Market with one buyer and one seller 1. Monopoly 2. Bi monopoly 3. Bilateral Monopoly 4. All the above 5. None of these

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

Which one of the following is not a feature of monopoly? (1) Single seller of the product (2) Heavy selling costs (3) Barriers to entry of new firms (4) Price discriminations

Description : Which one of the following is not a feature of monopoly? (1) Single seller of the product (2) Heavy selling costs (3) Barriers to entry of new firms (4) Price discriminations

Last Answer : (2) Heavy selling costs Explanation: Heavy selling cost is one of the defining features of an oligopoly. Firms resort to heavy selling cost to attract customers. Under this market ... mainly by heavy advertising and promotional expenditure that ultimately adds to the total selling cost.

Which one of the following is not a feature of monopoly ? (1) Single seller of the product (2) Heavy selling costs (3) Barriers to entry of new firms (4) Price discriminations

Description : Which one of the following is not a feature of monopoly ? (1) Single seller of the product (2) Heavy selling costs (3) Barriers to entry of new firms (4) Price discriminations

Last Answer : Heavy selling costs

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.

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.

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

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.

Buyers and Sellers will have perfect knowledge of market conditions under - (1) Duopoly (2) Perfect competition (3) Monopolistic competition (4) Oligopoly

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.

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

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

Buyers and Sellers will have perfect knowledge of market conditions under (1) Duopoly (2) Perfect competition (3) Monopolistic competition (4) Oligopoly

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

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

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 :  Demand and Supply

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.

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 : Only one price for identical goods at any one time.

Number of sellers in the monopoly market structure is - (1) few (2) large (3) one (4) two

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.

A market in which there are only 2 sellers of a good is known as: a) monopoly b) monopsony c) duopoly d) perfectly competitive View Answer / Hide Answer

Description : A market in which there are only 2 sellers of a good is known as: a) monopoly b) monopsony c) duopoly d) perfectly competitive View Answer / Hide Answer

Last Answer : c) duopoly

Under which market conditions “products of the sellers are differentiated yet they are close substitutes of each other” ? (a) Monopolistic Competition (b) Monopoly (c) Perfect Competition (d) None of the above

Description : Under which market conditions “products of the sellers are differentiated yet they are close substitutes of each other” ? (a) Monopolistic Competition (b) Monopoly (c) Perfect Competition (d) None of the above

Last Answer : (b) Monopoly

Number of sellers in the monopoly market structure is (1) few (2) large (3) one (4) two

Description : Number of sellers in the monopoly market structure is (1) few (2) large (3) one (4) two

Last Answer : one

One of the essential conditions of Monopolistic competition is - (1) Many buyers but one seller (2) Price discrimination (3) Product differentiation (4) Homogeneous product

Description : One of the essential conditions of Monopolistic competition is - (1) Many buyers but one seller (2) Price discrimination (3) Product differentiation (4) Homogeneous product

Last Answer : (3) Product differentiation Explanation: Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another as goods but not ... the market becomes more like a perfectly competitive one where firms cannot gain economic profit.

One of the essential conditions of Monopolistic competition is (1) Many buyers but one seller (2) Price discrimination (3) Product differentiation (4) Homogeneous product

Description : One of the essential conditions of Monopolistic competition is (1) Many buyers but one seller (2) Price discrimination (3) Product differentiation (4) Homogeneous product

Last Answer : Product differentiation

Market segmentation means– (A) Grouping of buyers (B) Grouping of sellers (C) Grouping of middle men (D) Grouping of producers

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

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

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

Which of the following is a characteristic of pure monopoly? a. one seller of the product b. low barriers to entry c. close substitute products d. perfect informatio

Description : Which of the following is a characteristic of pure monopoly? a. one seller of the product b. low barriers to entry c. close substitute products d. perfect informatio

Last Answer : a. one seller of the product

A market in which there is only one seller of a good is known as: a) monopoly b) monopsony c) duopoly d) perfectly competitive

Description : A market in which there is only one seller of a good is known as: a) monopoly b) monopsony c) duopoly d) perfectly competitive

Last Answer : a) monopoly

If a buyer wishes to buy, is the seller obligated to sell?

Description : If a buyer wishes to buy, is the seller obligated to sell?

Last Answer : If someone wants my dog there is nothing saying I need to give them my dog.

seller or buyer protects his business or holdings from changing prices and takes action against it. It is known as - (1) defence (2) betting (3) inter-trading (4) mortgage

Description : seller or buyer protects his business or holdings from changing prices and takes action against it. It is known as - (1) defence (2) betting (3) inter-trading (4) mortgage

Last Answer : (1) defence Explanation: It is known as defence, It is a type of resistance against danger, attack, or harm to business or holding. A seller or buyer resorts to defence as a means of protection.

If elasticity of demand is perfectly inelastic, then burden of tax will be on (a) Buyer (b) Seller (c) on both (a) and (b) (d) More on seller

Description : If elasticity of demand is perfectly inelastic, then burden of tax will be on (a) Buyer (b) Seller (c) on both (a) and (b) (d) More on seller

Last Answer : (a) Buyer

A seller or buyer protects his business or holdings from changing prices and takes action against it. It is known as– (1) defence (2)betting (3) inter-trading (4) mortgage

Description : A seller or buyer protects his business or holdings from changing prices and takes action against it. It is known as– (1) defence (2)betting (3) inter-trading (4) mortgage

Last Answer : defence

A situation where there is only one buyer is called A.Monopoly B.Oligopoly C.Monopsony D.Perfect competition

Description : A situation where there is only one buyer is called A.Monopoly B.Oligopoly C.Monopsony D.Perfect competition

Last Answer : C.Monopsony

"Conversion" in sales language means ...... 1) converting a buyer into a seller 2) converting a seller into a buyer 3) converting a prospect into a client 4) All of these

Description : "Conversion" in sales language means ...... 1) converting a buyer into a seller 2) converting a seller into a buyer 3) converting a prospect into a client 4) All of these

Last Answer : 3) converting a prospect into a client

Caveat Emptor means A. Let the buyer beware B. Let the seller beware C. Let the government beware D. None of the above

Description : Caveat Emptor means A. Let the buyer beware B. Let the seller beware C. Let the government beware D. None of the above

Last Answer : A. Let the buyer beware

For any EBAY sellers on here, do you see the buyer's credit card number?

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.