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प्रश्न
Marginal revenue of a firm is constant throughout under:
पर्याय
Perfect Competition
Monopolistic Competition
Oligopoly
All the above
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उत्तर
Perfect Competition
Explanation:
A firm's marginal revenue remains constant under perfect competition because it is a price taker. This means that the firm can sell any amount of its product at the current market price, and the additional revenue obtained from selling one more unit (marginal revenue) is constant and equal to the price.
संबंधित प्रश्न
Define Discriminating Monopoly.
Firm A hires the services of Rohit Sharma to act as the Brand ambassador for its products X. Identify the nature of market for commodity X.
Following is not the feature of perfect competition:
'Homogeneous products' is a characteristic of ______.
Indian Oil Corporation Limited is an example of a/an ______.
There is no difference between perfect competition and pure competition.
Identify the market form of the following:
Goods sold are homogeneous.
Identify the market form for the following:
Telecom industry in India.
Name the market in which there is a single buyer and many sellers.
Give an example of monopoly.
Give an example of price discrimination.
Product differentiation is practised in monopolistic competition? Give reasons.
What do you mean by homogeneous products?
In what respects does oligopoly differ from monopoly?
Identify the market form from the following.
Perfect knowledge
There are a large number of buyers and sellers under a ______ market.
Why do producers incur high selling costs in an imperfect market?
Why are selling costs incurred?
Which of the following is an example of a perfectly competitive market?
