हिंदी

In which type of market structure does no single firm have the power to influence the price and all firms are price‑takers?

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प्रश्न

In which type of market structure does no single firm have the power to influence the price and all firms are price‑takers?

विकल्प

  • Monopoly

  • Monopolistic competition

  • Perfect competition

  • Oligopoly

MCQ
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उत्तर

Perfect competition

Explanation:

In perfect competition there are many buyers and sellers, the product is homogeneous, and each firm accepts the market price without any control over it.

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