Advertisements
Advertisements
प्रश्न
With reference to Perfect competition form of market, choose the odd one out.
पर्याय
Restricted entry
Perfect knowledge
Homogeneous products
Perfect mobility
Advertisements
उत्तर
Restricted entry
Explanation: Perfect competition form of market is characterised by:
- Large number of buyers and sellers.
- Homogenous products.
- Free entry and exit.
- Perfect mobility of resources.
- Perfect knowledge.
- Absence of transport costs.
संबंधित प्रश्न
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
The following diagram represents the demand curve of a firm under ______.
In which market form, marginal revenue is equal to price?
______ goods refer to those products which are identical in quality, shape, size, color, etc.
Explain the following feature of perfect competition:
Large number of buyers and sellers
In a perfectly competitive market, an individual firm is called a price taker because ______.
Which combination of conditions defines pure competition?
