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
'A few big sellers' is a characteristic of ______.
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?
Pick the option which does not belong to the group.
Define monopolistic competition.
Define product differentiation.
State the market form of the following commodity.
Railways
Discuss any four differences between monopoly and monopolistic competition.
What is meant by barriers to entry?
Why do producers incur high selling costs in an imperfect market?
