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Why is there no need for selling cost under perfect competition?

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प्रश्न

Why is there no need for selling cost under perfect competition?

Name a market where selling cost is not required. Give a reason for your answer.

Why are selling costs not incurred in perfect competition? 

एक पंक्ति में उत्तर
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उत्तर

Selling costs are not incurred in perfect competition as there exists perfect knowledge among the buyers and sellers of homogeneous products. 

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अध्याय 5: Meaning and Types of Markets - Exercise [पृष्ठ १३८]

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