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प्रश्न
What is the effect on price when a perfectly competitive firm tries to sell more?
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उत्तर
It will remain constant because firm does not have any control over price, thus it can sell any quantity at a given price.
संबंधित प्रश्न
Following is not the feature of perfect competition:
In monopolistic competition, there are ______.
A market where homogeneous products are sold with no control over price by an individual firm or a buyer is ______.
Which among the following is a feature of monopsony market?
Imperfect knowledge is a characteristic feature of:
Mention two features of monopoly.
Give three points of difference between perfect competition and monopoly.
Give an example of oligopoly.
Identify the market form for the following:
Textile industry in India.
State the market form of the following commodity.
Railways
Identify the market form for the item given below:
A single seller
Give an example of price discrimination.
Which type of market structure is the following? Give reason.
Soft drinks
Which type of market structure is the following? Give reason.
Ball-pen
Monopolistic competition is the perfect blending of monopoly and perfect competition. Explain.
With the help of an example explain the meaning of price discrimination.
Name the characteristic which makes monopolistic competition different from perfect competition.
In which market form is there a single seller and no close substitutes for the product?
