C-05 — Market

In economics, the term 'market' primarily refers to:

Subed Ali bought items from New Market and paid in cash, while Srabani ordered a dress online and paid on delivery. What does the chapter say this illustrates?

Which of the following can constitute a market according to the chapter?

Which is an example of a market categorized by the nature of the product?

Markets classified by time duration include:

The main components of a market are:

According to the chapter, markets are generally classified into how many main types?

In a very short-term market, why does the supply of goods remain fixed at a specific moment?

A typical example of a very short-term market mentioned in the chapter is:

In a short-term market, supply:

In a long-term market, when demand changes, the producer may need to:

According to the chapter, if prolonged rainfall affects production, in the long term the firm tries to balance supply and demand by:

Markets based on geographical scope are classified into how many types?

A market in which buyers and sellers operate within a specific local area is called a:

The example given in the textbook of a local market is:

The coarse rice market is given in the textbook as an example of which market?

The ready-made garments market is given as an example of which type of market?

A market confined within the boundaries of a single country is called a:

On the basis of competition, markets are broadly categorized into:

Imperfectly competitive markets are further divided into how many subtypes?

Which of the following is NOT a subtype of imperfectly competitive market?

Which of the following are subtypes of imperfectly competitive markets?

A perfectly competitive market is one where:

In a perfectly competitive market, the price is:

In a perfectly competitive market, an individual buyer or seller:

Participants in a perfectly competitive market must:

The goods considered in a perfectly competitive market are:

Which of the following is given as an example of similar goods in a perfectly competitive market?

In a perfectly competitive market, both buyers and sellers are:

In a perfectly competitive market, in the long run a firm can:

Regarding government influence, a perfectly competitive market features:

Which of the following government actions are absent in a perfectly competitive market?

Due to the dynamism of factors among industries in a perfectly competitive market, the price of the factors:

The main objective of a firm in a perfectly competitive market is to:

In the long term, the industry under perfect competition earns:

Normal profit occurs when:

In computing normal profit, the entrepreneur's labour is included in the:

In computing normal profit, the entrepreneur's honorarium is included in the:

Which of the following is NOT a feature of a perfectly competitive market?

Consider the following about a perfectly competitive market:

The word 'monopoly' is derived from 'mono' meaning ___ and 'poly' meaning ___.

The dictionary meaning of monopoly is:

In a monopoly market:

Which is given as an example of an almost monopoly market in Bangladesh?

According to the chapter, a completely monopolistic market is:

In a monopoly market, the seller:

The product produced and sold by a monopoly firm has:

The objective of a private monopoly business is to:

In a monopoly market, the firm and the industry are:

A monopoly firm can control:

How does a monopoly firm typically discourage new firms from entering the industry?

In a monopoly market, why do new firms not enter?

Consider the following about a monopoly market:

A monopolistic competitive market combines features of:

In monopolistic competition, products of different firms are:

The textbook example of monopolistic competitive products is:

According to the chapter, if the price of a particular brand of soap rises, the demand:

In monopolistic competition, fixed buyers of a particular brand:

In monopolistic competition, one firm controls:

In monopolistic competition, products of different firms differ in:

In monopolistic competition, regarding entry and exit of firms:

If a firm in monopolistic competition makes excessive short-term profit, in the long term:

In monopolistic competition, why do firms incur high advertising and selling costs?

The shape of the demand curve of a firm in monopolistic competition mainly depends on:

The objective of each seller in a monopolistic competitive market is to:

In monopolistic competition, like monopoly firms, each firm can control:

In the long term, equilibrium for a firm in monopolistic competition is at:

Consider monopolistic competition:

An oligopoly market is one where:

In an oligopoly market, a seller takes decisions by:

Telecommunication firms using a filmstar or a popular player in advertisements is given in the chapter as an example of:

The number of sellers in an oligopoly market is:

The nature of goods in an oligopoly market is:

In an oligopoly market, decision-making about price and quantity depends on:

In an oligopoly market, to attract buyers, firms primarily resort to:

According to the chapter, in Bangladesh:

The retail market of agricultural goods in Bangladesh is given as an example of a:

In the primary market of rice in Bangladesh:

Which of the following Bangladesh markets are mentioned as nearly perfectly competitive?

In Bangladesh, the only importer of fuel oil is:

In Dhaka city, the supply of water, electricity and gas is an example of which market?

Bangladesh Railway represents which market type for railway transportation?

Different food products and cosmetics in Bangladesh represent which type of market?

Private hospitals and diagnostic centres in Bangladesh are given as examples of:

In which market are buyers and sellers fully informed about the quality and price of the product?

In a perfectly competitive market...

Khalid is a grocery shopkeeper in a village. In the morning, he goes to the nearby market to buy small fish and cow's milk. Today, he went to the market a bit late and saw that no seller had any milk. Which type of market characteristic is reflected in the passage during the morning?

In the afternoon, Khalid saw a high demand for potatoes. Within a short time, all the potatoes in his shop were sold. He quickly brought 5 more kilograms of potatoes from home. In the case of the market for potatoes in the stimulus...

Why can't new firms enter a monopoly market?

'Free entry and free exit' in a perfectly competitive market refers to:

In a perfectly competitive market, what is the difference between a firm and an industry?

In a monopoly market, the firm and the industry are the same because:

In the 1990s, a single mobile company had sole control over wireless telecommunications in Bangladesh and could increase or decrease call rates at will. Based on competition, this market was best described as:

After four or five mobile companies entered the market through government initiatives in Bangladesh, the market structure became:

After government intervention introduced multiple mobile companies, consumers benefited because:

Rimi found that her preferred branded bag is imported by only one company, and there is no alternative; the price had risen sharply. Which market characteristic does this reflect?

Rimi finds that the price of polao rice is the same per kilogram in every shop she visits. This market is best described as:

By 'product differentiation' as referred to in the chapter, we mean:

By 'local market' as referred to in the chapter, we mean:

Why can't a very short-run market be changed?