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प्रश्न
Read the following statements carefully and choose the correct alternative:
Assertion (A): Buyers are ready to pay different prices for the product produced by different firms under perfect competition.
Reason (R): The products offered for sale in the perfect market are homogeneous.
विकल्प
Both Asse1iion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is true but Reason (R) is false.
Assertion (A) is false but Reason (R) is true.
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उत्तर
Assertion (A) is false but Reason (R) is true.
APPEARS IN
संबंधित प्रश्न
Imperfect knowledge is a characteristic feature of:
Mention two features of monopoly.
Give an example of monopsony.
Identify the market form for the following:
Perfectly elastic demand.
Identify the market form for the following:
Telecom industry in India.
Identify the market form for the item given below:
Homogeneous goods
In which form of market do producers and consumers have perfect knowledge about the market conditions?
Why can a monopolist charge different prices in different markets?
What is meant by the term ‘price taker’?
There are a large number of buyers and sellers under a ______ market.
