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प्रश्न
A differentiated product has ______.
पर्याय
Many perfect substitutes
No close substitutes
Close but not perfect substitute
No substitute of any kind
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उत्तर
A differentiated product has close but not perfect substitute.
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संबंधित प्रश्न
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Find the odd word out:
Features of perfect competition:
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
The following diagram represents the demand curve of a firm under ______.
In which market form, marginal revenue is equal to price?
______ goods refer to those products which are identical in quality, shape, size, color, etc.
Firms under ______ are free to enter or leave the industry any time.
Explain the following feature of perfect competition:
Large number of buyers and sellers
Explain the following feature of perfect competition:
Homogeneous products
Which feature ensures that buyers are indifferent between different sellers in perfect competition?
