Advertisements
Advertisements
प्रश्न
Which of these feature's is found in both a perfectly competitive market and a monopolistically competitive market?
पर्याय
No restriction on entry and exit
Imperfect knowledge
Homogeneous goods
Presence of selling costs
Advertisements
उत्तर
No restriction on entry and exit
Explanation:
Firms can enter and quit both perfectly competitive and monopolistically competitive markets without constraint. This means that new firms can freely enter the market and established firms can quit without significant challenges, ensuring that both types of marketplaces remain competitive.
APPEARS IN
संबंधित प्रश्न
When products are differentiated on the basis of advertisements, brand names etc., it is called as ______.
There is no difference between perfect competition and pure competition.
State the market form of the following commodity.
Shampoos
Which type of market structure is the following? Give reason.
Trucks
Which type of market structure is the following? Give reason.
Lipstick
Which type of market structure is the following? Give reason.
Soft drinks
Which market form has the least number of producers?
Identify the market form from the following.
Price discrimination
Identify the market form from the following.
Perfect knowledge
Identify the market form from the following:
A few large sellers
