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प्रश्न
Why an individual firm under perfect competition cannot influence the market price?
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उत्तर
A firm under perfect competition cannot influence the price as its share in the total market supply is negligible.
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संबंधित प्रश्न
Identify the market having a single buyer and many sellers from the following:
"The price of a product under perfect competition is determined by an individual seller."
Which of the following market types has the fewest number of firms?
Which one of the following is NOT found in a perfectly competition market?
Give three points of difference between perfect competition and monopoly.
Give two characteristics of perfect competition.
To which market is product differentiation relevant?
What are selling costs?
Which market form has the least number of producers?
Which feature best distinguishes monopolistic competition from perfect competition?
