A market with only one buyer and one seller is called

Related MCQs

• The market in which there is a single seller is called
• If a firm sells its output on a market that is characterized by a single seller and many buyers of a homogeneous product for which there are no close substitutes and barriers to long-run resource mobility, then the firm is
• The market situation characterized by one buyer is:
• A seller cannot influence the market price under
• Under perfectly competitive market an individual seller is a
• The market demand curve for a perfectly competitive industry is QD = 12 - 2P. The market supply curve is QS = 3 + P. The market will be in equilibrium if
• A ___________occurs in an industry where there is only one producer of a good and only one supplier.
• When there are only two sellers, the market is called as:
• If the market demand curve for a commodity has a negative slope then the market structure must be
• In the market period, market supply curve is