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प्रश्न
Homogeneous products are sold under ______.
विकल्प
Oligopoly market
Monopoly market
Perfect competition
Monopolistic competition
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उत्तर
Homogeneous products are sold under perfect competition.
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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.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Find the odd word out:
Features of perfect competition:
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.
______ is essential for a market to be called as perfect competition.
Explain the following feature of perfect competition:
Large number of buyers and sellers
Explain the following feature of perfect competition:
Homogeneous products
In a perfectly competitive market, an individual firm is called a price taker because ______.
