5/6/2023 0 Comments Define monopoly![]() Under perfect competition, each seller is selling an identical product in the market and there is no product differentiation in perfect competition.Monopoly market structure the seller can end up earning abnormal profits in the short run as the seller is a price-maker and not a price taker The key difference between Monopoly vs Perfect Competition is that in the short-run under perfect competition the seller will always end up earning normal profit due to the reason that if there will be abnormal profits due to low barriers for entry and exit.Modi govt should reveal National Monetisation Pipeline objectives: Former FM Chidambaram Chidambaram asked the government if provisions will be included in the invitation to bid (ITB) to ensure the monetisation process doesn't create monopolies or duopolies in the sector.Saurabh Mukherjea's argument on why conglomerates like RIL are not abusing their dominance Saurabh Mukherjea, the founder and chief investment officer of Marcellus Investment Manager, has argued that in India, the public should not confuse a large market share for monopolistic practice.As a result, parents are the primary educators when it comes to teaching teenagers money management skills. Resources for developing financial literacy at a young age to ensure entrepreneurship-led growth Children and teens enter adulthood without knowing how to manage their resources properly.UAE planning to end monopolies of some big merchant families: Report The government did not immediately respond to Reuters' requests for comment but state news agency WAM quoted a Ministry of Economy statement saying a draft law on commercial agencies was still in its legislative cycle and "it is still too early to give details".Indian democracy is global public good if that cracks, it's going to cause problem for planet: Rahul Gandhi in UK The Opposition leader, who is on a tour of the UK, had an interaction session at the 'Ideas for India' conference organised by non-profit think-tank Bridge India on Friday during which he articulated his party's vision for mass action that would result in something “beautiful” for the country.MCD polls: BJP accuses Kejriwal of 'misleading' RWAs by promising 'financial and political powers' BJP Spokesperson Sambit Patra also alleged that Kejriwal "usurped the idea of empowerment" of Residents Welfare Association (RWAs) from the BJP's 'Sankalp Patra' for elections to the Municipal Corporation of Delhi (MCD) where it promised working with the associations and financial support.Existing electric vehicle manufacturers are opposed to homogenous swapping standard. Proposed battery swap subsidy unlikely to be linked to EV standards India is unlikely to link the likely subsidy for battery swapping to adherence of standards, to be announced soon.Claims against Dr Reddy's over Revlimid in US dismissed Dr Reddy's Laboratories on Thursday said all claims against it in the antitrust litigation filed in the US, related to a prescription medicine Revlimid, used in treatment of multiple myeloma have been dismissed.The departmental system within which DRDO functions has to make way for a highly autonomous structure. ![]() Scientists should be freed from administrative responsibilities. Defence research needs stiff dose of reform should focus on DRDO issues Defence research can be productive with private sector-like efficiency only in an environment of innovation, freedom and flexibility devoid of bureaucratic hurdles and rigid procedures.A fifth of the country's annual coal requirement is being met through imports, despite a decline in coal imports in FY21 and FY22 and a rise in domestic production. ![]() ![]()
0 Comments
Leave a Reply. |