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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
Complete the Correlation:
Price taker : ______ :: Price maker :: Monopoly.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
In perfect competition the sellers are selling ______ products.
Homogeneous products are sold under ______.
______ is essential for a market to be called as perfect competition.
______ 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
Which statement best distinguishes perfect competition from pure competition?
