Skip to main content

Posts

Showing posts with the label Monopolistic competition

Featured Post

3 Years Bangladesh Sanchayapatra | ৩ মাস অন্তর মুনাফাভিত্তিক সঞ্চয়পত্র

3 Monthly Profit Bearing Sanchayapatra [ ৩ মাস অন্তর মুনাফাভিত্তিক সঞ্চয়পত্র ] (Tin Mash Antar Munafa Vittik 3-Year Sanchayapatra) This Sanchayapatra was introduced in 1998 Denomination:   Tk.1, 00,000/-; Tk. 2, 00,000/-; Tk. 5, 00,000/- and 10, 00,000/-.  Issue Office:    National Savings Bureau, Bangladesh Bank, Schedule Bank and Bangladesh Post offices Download 3 Years Bangladesh Sanchayapatra form Who can purchase: A certificate may be purchased by any of the following, namely-  A single adult; A minor; Two adults in their joint names and An adult on behalf of-a single minor, two minor jointly, himself/herself and a minor jointly and any lunatic of whom he is the guardian or manager appointed by a court of law. How to Purchase: To submit a dully fill-up prescribed application from (SC-1) along with photocopy of National Identity Card or Passport or Birth certificate, 02 copies of passport size photograph eac...

Short notes suggestion and answer for Banking Diploma Examination - PEB

Paper 1: Principles of Economics and Bangladesh Economy Short Notes on Principles of Economics and Bangladesh Economy for Banking Diploma Examination - JAIBB     Q1.      Monopolistic competition: Definition, characteristics and graph of monopolistic competition. In economics a monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another i.e. by branding or quality and hence are not perfect substitutes. In monopolistic competition, a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms. Monopolistic competition differs from perfect competition in that production does not take place at the lowest possible cost. Because of this, firms are left with excess production capacity. This market concept was developed by Chamberlin (USA) and Robinson ( Great Britain ). Figure: Monop...