Question : Selling costs have to be incurred in the case of the:
Option 1: perfect competition
Option 2: monopoly
Option 3: monopolistic competition
Option 4: none of the given options

Question

Question : Selling costs have to be incurred in the case of the:

Option 1: perfect competition

Option 2: monopoly

Option 3: monopolistic competition

Option 4: none of the given options

Team Careers360 · Accepted Answer

Correct Answer: monopolistic competition

Solution : The correct answer is monopolistic competition.

Selling expenditures are critical in monopolistic competition. This is because monopolistic competition is a market system in which many suppliers develop items with few differences. This indicates that monopolistic businesses must spend money on advertising and other selling expenses to distinguish their products from rivals and gain customers.

Popular Searches

Question : Selling costs have to be incurred in the case of the:
Option 1: perfect competition
Option 2: monopoly
Option 3: monopolistic competition
Option 4: none of the given options

Related Questions

Question : In which of the following market forms, a firm does not exercise control over price?
Option 1: Monopoly
Option 2: Perfect competition
Option 3: Oligopoly
Option 4: Monopolistic competition

Question : If the ___ firm has zero or only a fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.
Option 1: perfect competition
Option 2: monopoly
Option 3: oligopoly
Option 4: monopolistic competition

Question : In which market form a market or an industry is dominated by a few firms?
Option 1: Perfect competition
Option 2: Monopoly
Option 3: Oligopoly
Option 4: Monopolistic

Question : In which among the following markets does a firm not exercise control over price?
Option 1: Mixed competition
Option 2: Monopoly
Option 3: Oligopoly
Option 4: Perfect competition

Question : In which market firm, a market or an industry is dominated by a single seller?
Option 1: Oligopoly
Option 2: Monopoly
Option 3: Duopoly
Option 4: Monopolistic competition

Know More about

Staff Selection Commission Combined Grad ...

Upcoming Exams

Download Careers360 App

All this at the convenience of your phone

Scan and download the app

Popular Searches

Question : Selling costs have to be incurred in the case of the:Option 1: perfect competitionOption 2: monopolyOption 3: monopolistic competitionOption 4: none of the given options

Related Questions

Question : In which of the following market forms, a firm does not exercise control over price?Option 1: Monopoly Option 2: Perfect competition Option 3: Oligopoly Option 4: Monopolistic competition

Question : If the ___ firm has zero or only a fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.Option 1: perfect competition Option 2: monopoly Option 3: oligopoly Option 4: monopolistic competition

Question : In which market form a market or an industry is dominated by a few firms?Option 1: Perfect competitionOption 2: MonopolyOption 3: OligopolyOption 4: Monopolistic

Question : In which among the following markets does a firm not exercise control over price?Option 1: Mixed competitionOption 2: MonopolyOption 3: OligopolyOption 4: Perfect competition

Question : In which market firm, a market or an industry is dominated by a single seller?Option 1: OligopolyOption 2: Monopoly Option 3: DuopolyOption 4: Monopolistic competition