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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?
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
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
With reference to Perfect competition form of market, choose the odd one out.
______ 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.
Explain the following feature of perfect competition:
Large number of buyers and sellers
