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प्रश्न
In which type of market structure does no single firm have the power to influence the price and all firms are price‑takers?
पर्याय
Monopoly
Monopolistic competition
Perfect competition
Oligopoly
MCQ
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उत्तर
Perfect competition
Explanation:
In perfect competition there are many buyers and sellers, the product is homogeneous, and each firm accepts the market price without any control over it.
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