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प्रश्न
Which feature ensures that buyers are indifferent between different sellers in perfect competition?
विकल्प
Large number of firms
Homogeneous (identical) product
Government price control
High selling costs
MCQ
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उत्तर
Homogeneous (identical) product
Explanation:
All firms sell identical products in terms of quality, size, colour, and design, so buyers see each firm’s product as a perfect substitute.
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