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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
Complete the Correlation:
Price taker : ______ :: Price maker :: Monopoly.
Assertion (A): In perfect competition, price is determined by the forces of demand and supply.
Reasoning (R): The number of buyers and sellers is so large that one person can not influences prices.
With reference to Perfect competition form of market, choose the odd one out.
In perfect competition the sellers are selling ______ products.
Homogeneous products are sold under ______.
______ is essential for a market to be called as perfect competition.
In which market form is the firm a price taker?
Firms under ______ are free to enter or leave the industry any time.
In which market form are goods sold at a uniform price?
Which combination of conditions defines pure competition?
