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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
What is meant by Perfect competition?
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
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
______ is relevant to perfect competition.
The following diagram represents the demand curve of a firm 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.
Explain the following feature of perfect competition:
Homogeneous products
