Advertisements
Advertisements
प्रश्न
In which market form, marginal revenue is equal to price?
पर्याय
Monopoly
Oligopoly
Perfect Competition
Monopolistic Competition
Advertisements
उत्तर
Perfect Competition
APPEARS IN
संबंधित प्रश्न
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
With reference to Perfect competition form of market, choose the odd one out.
In perfect competition the sellers are selling ______ products.
Homogeneous products are sold under ______.
______ is essential for a market to be called as perfect competition.
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?
