Different forms of Market

Under which market form is a firm a price-taker

• perfect

• monopolistic

• monopoly

Which market form has a single seller

• perfect

• monopolistic

• monopoly

Under which market form AR=MR

• perfect

• oligopoly

• monopoly

Cartels exist in which market form

• perfect

• monopoly

• oligopoly

Price discrimination means

• Charging no price

• Charging full price from all

• Charging different prices from different class of customers

Product differentiation is a feature of

• Perfect

• monopoistic

• No market

AR is always equal to

• Total revenue

• Price

• None

Price ceiling is good for

• Farmers

• Consumers

• Producers

MSP(Minimum support price) is an e.g of

• perfect

• Price ceiling

• price floor

Which market form is a real world market

• perfect

• pure monopoly

• monopolistic