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- Question
A market situation when firms sell similar but not identical products is termed as
Options- A. perfect competition
- B. imperfect competition
- C. monopolistic competition
- D. oligopoly
- Correct Answer
- monopolistic competition
ExplanationMonopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.
In other words, large sellers selling the products that are similar, but not identical and compete with each other on other factors besides price.
- 1. The term samanta, meaning a feudatory from the sixth century AD, originally meant a
Options- A. slave
- B. cultivator
- C. neighbor
- D. foreigner Discuss
- 2. The HBJ Upgradation project, upgraded the capacity of HBJ pipeline from 18.2 MM SC MD to
Options- A. 20 MM SC MD
- B. 33.4 MM SC MD
- C. 22.3 MM SC MD
- D. 29.6 MM SC MD Discuss
- 3. Former Australian captain Allan Border was sometimes known as "Captain Grumpy". What was his other nickname?
Options- A. Abe
- B. Captain Junior
- C. AB
- D. Groucho Discuss
- 4. The largest gold producing country in the world(in 2006) is
Options- A. China
- B. Canada
- C. South Africa
- D. USA Discuss
- 5. The first recipient of Nehru Award was
Options- A. Martin Luther King
- B. Khan Abdul Ghaffar Khan
- C. Mother Teresa
- D. U Thant Discuss
- 6. David Copperfield is the name of
Options- A. novel
- B. famous actor
- C. poem
- D. writer Discuss
- 7. The sulphites are a mineral group that contain one or more metallic elements in combination with the sulphate compound ____
Options- A. SO3
- B. SO2
- C. SO4
- D. SO Discuss
- 8. The short term variations of the atmosphere, ranging from minutes to months are called
Options- A. climate
- B. weather
- C. temperature
- D. humidity Discuss
- 9. Which is the best search tool for finding Web sites that have been handpicked and recommended by someone else?
Options- A. Subject directories
- B. Search engines
- C. Meta-search engines
- D. Discussion groups Discuss
- 10. The Yarlung Zangbo river, in India, is known as
Options- A. Ganga
- B. Indus
- C. Brahmaputra
- D. Mahanadi Discuss
More questions
Correct Answer: neighbor
Correct Answer: 33.4 MM SC MD
Correct Answer: AB
Explanation:
Captain Grumpy was more of a media invention.
Correct Answer: South Africa
Explanation:
http://en.wikipedia.org/wiki/List_of_countries_by_gold_production
Correct Answer: U Thant
Correct Answer: novel
Correct Answer: SO4
Correct Answer: weather
Correct Answer: Subject directories
Explanation:
Subject directories tend to house fewer?sometimes more relevant?sites than those found through search engines. Sites in a subject directory often have been handpicked by editorial teams or specialists in a particular field.
Correct Answer: Brahmaputra
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