हिंदी

In which of the following market forms, selling cost is absent? - Economics

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प्रश्न

In which of the following market forms, selling cost is absent?

विकल्प

  • Perfect competition

  • Monopolistic competition

  • Monopoly and perfect competition

  • None of these

MCQ
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उत्तर

Monopoly and perfect competition

Explanation:

In a monopoly, there is only one seller, so no selling costs are necessary to compete with others. In perfect competition, all firms sell identical products, so there is no need for selling costs like advertising or product differentiation.

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अध्याय 9: Forms of Market - TEST YOURSELF QUESTIONS [पृष्ठ १८१]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 9 Forms of Market
TEST YOURSELF QUESTIONS | Q 10. | पृष्ठ १८१
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