Advertisements
Advertisements
प्रश्न
Why an individual firm under perfect competition cannot influence the market price?
Advertisements
उत्तर
A firm under perfect competition cannot influence the price as its share in the total market supply is negligible.
APPEARS IN
संबंधित प्रश्न
Define Discriminating Monopoly.
The image above shows a departmental store of a market structure.
- Identify the form of market as observed from the above image.
- Discuss the features of this market form with respect to:
- Type of product
- Entry and exit of firms
- Selling cost
Selling costs are absent in perfect competition market.
Pick the option which does not belong to the group.
Read the given statements carefully and select the correct option.
- The number of sellers under oligopoly are small.
- In monopolistically competitive markets, buyers and sellers have perfect knowledge about the market conditions.
A holiday resort in a remote village is very popular among the tourists. Since the connectivity is very poor with the outer world, the owner employs the local villagers for the functioning of the resort.
This is a case of:
Identify the market form of the following:
The Government of India is the sole buyer of fighter aircrafts.
Identify the market form for the item given below:
Homogeneous goods
Which type of market structure is the following? Give reason.
Lipstick
Why do producers incur high selling costs in an imperfect market?
