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प्रश्न
Why an individual firm under perfect competition cannot influence the market price?
एक पंक्ति में उत्तर
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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
Which two forms of market earn normal profit in the long run?
In which type of market price discrimination is practiced? Explain with an example.
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.
Mention two features of monopoly.
Give an example of monopsony.
Give two characteristics of perfect competition.
Why is there no need for selling cost under perfect competition?
Give an example of price discrimination.
In what respects does oligopoly differ from monopoly?
Identify the market form from the following.
Price discrimination
