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प्रश्न
What does perfectly elastic demand curve faced by a competitive firm indicate?
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उत्तर
A perfectly elastic demand curve faced by a competitive firm indicates that a price is given to the firm, and the firm has no control over the given price.
संबंधित प्रश्न
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| Column I | Column II | ||
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| (iv) | Indeterminate demand | (D) | Monopoly |
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