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प्रश्न
A differentiated product has ______.
विकल्प
Many perfect substitutes
No close substitutes
Close but not perfect substitute
No substitute of any kind
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उत्तर
A differentiated product has close but not perfect substitute.
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संबंधित प्रश्न
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
With reference to Perfect competition form of market, choose the odd one out.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
______ is relevant to perfect competition.
______ is essential for a market to be called as perfect competition.
Firms under ______ are free to enter or leave the industry any time.
Explain the following feature of perfect competition:
Homogeneous products
Which feature ensures that buyers are indifferent between different sellers in perfect competition?
Which combination of conditions defines pure competition?
