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प्रश्न
______ is essential for a market to be called as perfect competition.
विकल्प
Large number of buyers and sellers
Restricted entry and exit
No substitutes
Differentiated goods
उत्तर
Large number of buyers and sellers is essential for a market to be called as perfect competition.
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संबंधित प्रश्न
What is perfect competition? Explain the concept and its features.
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
Find the odd word out:
Features of perfect competition:
Homogeneous product is a feature of this market.
- Monopoly
- Monopolistic competition
- Perfect competition
- Oligopoly
In perfect competition the sellers are selling ______ products.
______ is relevant to perfect competition.
In which market form is the firm a price taker?
Explain the following feature of perfect competition:
Homogeneous products
