________ refers to the market situations whether there is one seller and there is not close substitute to the commodity sold by the seller.

Related MCQs

• If a firm produces 200 units of commodity X by employing 10 workers and 240 units of the same commodity by employing 12 workers, then the Average Product of the worker is
• ________ refers to the quantity of a commodity which a firm is willing to produce and offer for sale.
• Pricing for selling the same commodity at different selling prices is known as ______
• When excess demand occurs in an unregulated market, there is a tendency for:
• A Production Function refers to ________________
• Money market is controlled by the ___________
• Securities market in India is regulated by the ___________
• ___________ market is the nerve centre of the financial system.
• Which one of the following is not a factor of production?
• There are _______ stages of the Law of Variable Proportions