Advertisements
Advertisements
प्रश्न
What does market structure mainly explain about firms in a market?
पर्याय
Their total production cost
Their power to influence product price
Their advertising budget
Their legal form of ownership
MCQ
Advertisements
उत्तर
Their power to influence product price
Explanation:
Market structure describes how a market is organised and indicates how much control each firm has over the price of its product, from no power in perfect competition to high power in monopoly.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
