Advertisements
Advertisements
प्रश्न
Explain the meaning of perfect competition.
स्पष्ट कीजिए
Advertisements
उत्तर
A perfectly competitive market is one that has a large number of buyers and sellers of homogeneous products. According to Mrs. Joan Robinson,“Perfect competition prevails when the demand for the output of each producer is perfectly elastic.”
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
