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प्रश्न
Firms under ______ are free to enter or leave the industry any time.
पर्याय
Perfect competition
Pure oligopoly
Oligopoly
Monopoly
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उत्तर
Firms under perfect competition are free to enter or leave the industry any time.
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संबंधित प्रश्न
Complete the Correlation:
Price taker : ______ :: Price maker :: Monopoly.
Assertion (A): In perfect competition, price is determined by the forces of demand and supply.
Reasoning (R): The number of buyers and sellers is so large that one person can not influences prices.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
State with reason whether you agree or disagree with the following statement:
The seller is a price taker in perfect competition.
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
In perfect competition the sellers are selling ______ products.
The following diagram represents the demand curve of a firm under ______.
Explain the following feature of perfect competition:
Large number of buyers and sellers
In a perfectly competitive market, an individual firm is called a price taker because ______.
Which combination of conditions defines pure competition?
