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प्रश्न
______ is relevant to perfect competition.
विकल्प
Perfectly inelastic demand
Perfectly elastic demand
Downward sloping demand curve
Highly elastic demand curve
उत्तर
Perfectly elastic demand is relevant to 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
Assertion (A): In perfect competition, price is determined by the forces of demand and supply.
Reasoning (R): The number of buyers and sellers is so large that one person can not influences prices.
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
With reference to Perfect competition form of market, choose the odd one out.
The following diagram represents the demand curve of a firm under ______.
In which market form, marginal revenue is equal to price?
In which market form are goods sold at a uniform price?
