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प्रश्न
Why an individual firm under perfect competition cannot influence the market price?
एका वाक्यात उत्तर
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उत्तर
A firm under perfect competition cannot influence the price as its share in the total market supply is negligible.
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संबंधित प्रश्न
Selling costs are absent in perfect competition market.
Following is the feature of perfect competition:
A monopolist is price maker:
Imperfect knowledge is a characteristic feature of:
Give an example of monopsony.
State two important characteristics of monopoly.
Identify the market form for the following:
Perfectly elastic demand.
Give an example of monopoly.
Give an example of price discrimination.
In which market form is there a single seller and no close substitutes for the product?
