Question
Match List - I with List - II : List – I (Market structure ) List – II (Feature) a Perfect competition i Product is differentiated b Monopoly ii Homogeneous or differentiated products c Monopolistic competition iii Factors of production are freely mobile between firms d Oligopoly iv Legal restrictions on entry of new firms Choose the correct option from those given below:
The correct answer is
(a) - (iii); (b) - (iv); (c) - (i); (d) - (ii)
The matches are (a)–(iii), (b)–(iv), (c)–(i), (d)–(ii). Perfect competition assumes free resource mobility; legal entry barriers can protect a monopoly; monopolistic competition has differentiated products; and oligopoly may involve homogeneous or differentiated products.
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Important Questions from Marketing Management
- Match List I with List II regarding distribution polices & strategies.
List-1 List-II (a) Selective distribution → (i) Convenience items (b) Intensive distribution → (ii) Consignment, Franchise, symbiotic (c) Exclusive distribution → (iii) Specialty / high unit value items (d) Special distribution → (iv) Shopping items - Selling and buying activity of fashion goods is called:
- Knock - offs are :
A. Original design of a brand
B. Copy or near-by copy of a design
C. High cost version of a design
D. Labour saving production
E. Low cost version of an original design
Choose the correct answer from the options given below : - Which of the following is not a Dart equivalent?
- Which of the following parts of machine needle fit into the needle bar?
(a) Shank
(b) Blade
(c) Butt
(d) Scarf
Choose the correct answer from the options given below:
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