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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
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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.
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संबंधित प्रश्न
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Read the following statements carefully and choose the correct alternative:
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