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Choose the correct option: Under Perfect competition, sellers are - Economics

MCQ

Choose the correct option:

Under Perfect competition, sellers are

a) Price makers

b) Price takers

c) Price discriminators

d) None of these

Options

  • a, b and c

  • only b

  • only c

  • a and c

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Solution

only b

Concept: Classification of Market
  Is there an error in this question or solution?
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APPEARS IN

Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 5 Forms of Market
Exercise | Q 1. (4) | Page 52
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