When there is one buyer and larger number of sellers, the market condition is known as
Oligopoly- there are many buyers but few sellers. • Oligopsony- is a market form in which the number of buyers is small while the number of sellers in theory could be large. • Perfect Market - a theoretical market in which buyers and sellers are so numerous and well informed that monopoly is absent and market prices cannot be manipulated. • Duopoly -A duopoly is a type of oligopoly where two firms have dominant or exclusive control over a market. It is the most commonly studied form of oligopoly due to its simplicity. • Monopsony-a monopsony is a market structure in which a single buyer substantially controls the market as the major purchaser of goods and services offered by many would-be sellers.
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tr...
Statements:All gems are stones.
Some stones are diamonds.
Some diamonds are jewelry.
Some jewelry are pearls.
Conclusions:I....
Statements:
Some pens are stands.
All stands are pencils.
Conclusions:
I. Some pens are...
Conclusions:
I. Some Signs are Symbols.
II. Some Signs are not Marks.
III. No Number is a Mark.
Statements:
Statements: Some trucks are buses.
All buses are cars.
All cars are bikes.
Conclusions: I. Some trucks are bikes.
...
Statements:
All present are past
Some past are future
Only a few future is tense
Conclusions:
I. Some t...
Statements : Some cities are villages.
No village is a town.
All towns are countries.
Conclusions:I. Some towns being cities is a ...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:
Only shirt is pant.
Some clothes are shirts.
Only a few shoes are clothes.
Conclusions:
I. Some clo...
Statements:
All Curtain are Wall
Only a few Rod are Curtain
No Sticker is Rod
Conclusions:
I. No Sticker is Wall
II. All Sticker are Wall is a possibility
